[2016-05-19]Barclays quietly shuts down several bitcoin exchange PingIt accounts

[BitcoinXio]

It appears that yesterday, UK banking institution Barclays which owns and operates the payment service PingIt, shut down several bitcoin exchange seller accounts without notifying the exchange sellers in advance.

Read more: http://bitcoinx.io/news/articles/barclays-quietly-shuts-down-several-bitcoin-exchange-pingit-accounts/

[tiggytomb]

I thought the UK was becoming more leniant towards bitcoin, this is a shame but not surprising especially if they have a recent partnership with Circle.

[BellaBitBit]

Terrible plain and simple.  No notice?  What are you scared of Barclays??

[richardsNY]

Terrible plain and simple.  No notice?  What are you scared of Barclays??

It's very simple. Bitcoin is a threat to banks and they know it. What's happening now are just signals to what it may become when Bitcoin gets really its foots before the doors of the banks. I always say, if you can't beat them, join them!