Canada Bans Cryptocurrency? No way!

in #crypto6 years ago

On April 10, 2018 BMO(Bank of Montreal) which is one of Canada's Top FIve Banks, decided to proceed with the ban of cryptocurrency purchases via debit or credit card. This is upsetting since many crypto-traders in Canada have been restricted to buy cryptos if they were with BMO. I believe that is this is just part of the procedure of mass adoption and government trying to understand the value of the blockchain. No worries, Canadians TD & RBC (Canada's first and second largest banks) noticed digital currencies making a substantial difference in the past few months in the economy, although they are not banning purchasing crypto currencies, they are advising members to purchase crypto's "in limited ‎circumstances."

Source: https://decentralpost.com/2018/04/10/canadian-banks-ban-cryptocurrency-buys-canadians-have-the-answer/

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