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Bitcoin Businesses Face Bank Account Closures in Singapore

Category: General

According to a report by Bloomberg today, as many as 10 companies have reported issues in recent weeks. Anson Zeall, head of Singapore's cryptocurrency and blockchain industry association, ACCESS, supported the claim, stating the closures remain unexplained by the banks. Further, he urged the country's authorities to take a stance on the matter.

"We would urge Singapore to take a leadership role and demonstrate how to come to an effective resolution among all parties," Zeall said.

https://www.coindesk.com/bitcoin-businesses-face-bank-account-closures-in-singapore/


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