Bank Begins Blocking Shares Of Companies Who Buy Bitcoin

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At the height of the last so-called Bitcoin “bubble” banks began feeling the crunch of coming competition and began blocking transactions related to “virtual currencies.” But as we’ve seen as of late, banks are finally coming around along with the rest of the finance world. However, not all banks are hopping on the bandwagon, and others are back to their old bag of tricks, blocking investors from not just investing in crypto itself, but companies it deems with exposure to such assets. Here’s more on which bank is taking such steps, and what this means for the market currently. HSBC Allegedly Blocks Customers From Buying MicroStrategy Shares, Citing New Crypto Policy If you can’t beat ’em, join ’em. Banks have failed to innovate in decades, leaving them vulnerable to cryptocurrencies like Bitcoin, Ethereum, and the entire DeFi industry. So what they’ve done, is begun to offer cryptocurrencies and other unique…

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