Bank of Montreal shuts down bitcoin-related business accounts in CanadaPFHub
Feb. 20, 2014
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The Bank of Montreal (BMO) has become the first financial institution in Canada to take action against bitcoin (BTC). It was confirmed by Cointrader co-founder and CTO Paul Szczesny in a press release that the bank would be closing down all bitcoin-related business accounts across the country amid initiatives and comments made by the Ministry of Finance pertaining to the cryptocurrency market.