Newslink: Australian Bank Bans Use of Mortgage Funds for Crypto Speculation

in #newslink6 years ago

One of Australia’s oldest financial institutions, Bank of Queensland, has prohibited the use of home equity loans for virtual currency speculation. The move has been attributed to concerns pertaining to the growing regulatory oversight of the cryptocurrency sector in Australia.

https://news.bitcoin.com/australian-bank-bans-use-of-mortgage-funds-for-crypto-speculation/

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