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Bitcoin Commodity Suffers Setback, Australian Banks Close Bitcoin Companies’ Accounts

In a major setback to the bitcoin commodity, banks in Australia are closing accounts of bitcoin companies. The decision made by major Australian Banks has forcefully put 13 bitcoin companies out of business. Major banks like Westpac Banking Corporation and Commonwealth Bank of Australia have already sent letters to at least 17 bitcoin companies, and approximately 13 companies have already had their accounts closed. There were no explanat ...

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