Aussie Bitcoin exchange owner accuses banks of discrimination
According to Flynn, he has actually been the victim of prejudiced practices with banks apparently continuing to shut down his accounts. Speaking to AFR, Flynn lamented that no less than 20 banks have closed accounts run by his exchange in the last 3 years, including:” How am I expected to run a legal company if I cant get a bank account? In March 2020, Indias Supreme Court reversed the central banks restriction versus banks servicing crypto businesses.
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