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Bitcoin Forum > Local > India > Press & News from India > [2015-10-04] ET: Bitcoin flounders in Australia as regulatory worries bite
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polynesia (OP)
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October 04, 2015, 06:47:43 AM
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Bitcoin flounders in Australia as regulatory worries bite

http://economictimes.indiatimes.com/news/international/business/bitcoin-flounders-in-australia-as-regulatory-worries-bite/articleshow/49213575.cms

Australian businesses are turning their backs on bitcoin, as signs grow that the cryptocurrency's mainstream appeal is fading.

Concerns about bitcoin's potential crime links mean many businesses have stopped accepting it, a trend accelerated by Australian banks' move last month to close the accounts of 13 of the country's 17 bitcoin exchanges.
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October 07, 2015, 03:15:38 AM
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Good thread, Polynesia!

IndiaMikeZulu -- Australian crypto geeks -- are trying to contact any and all Australians, to get info about the state of exchange closures.

You can PM me here. [We have our own Website as well.]

http://cointelegraph.com/news/115379/bitcoin-staggers-in-australia-as-banking-cartel-conspires-against-exchanges

Mark
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