[2016-7-21] Banks abandon the Caribbean, local bitcoin exchange experiences 33%

[newsatbravenewcoin]

Smaller, poorer countries are being abandoned by big banks in an exodus commonly referred to as “de-risking” or “de-banking.” In the Caribbean, where many small countries with poorer populations reside close to each other, the problem is getting so bad that local businesses regularly have a hard time receiving remittances and paying suppliers outside of their own country, even when their trading partner is just the next island over.

http://bravenewcoin.com/news/banks-abandon-the-caribbean-local-bitcoin-exchange-experiences-33-increase-in-users-every-month-since-february/