Topic: Australian Banks Now Allowing People to Buy Bitcoin (Read 308 times)
Projects in Minor now are good one of the best sort with a monitor there is an insurance pillow that will not let fall to 0.
it is good news for cryptocurrency and hopefully it will happen all over the world bank so to buy cryptocurrency is as easy as buying 😁 pulse, then it also has good effect to cryptocurrency because it increases the volume of market demand
I am really impressed with Australia's efforts in introducing as well as inculcating advanced technologies like Bitcoin and blockchain. It will definitely help its citizens in the coming era to deal with the blockchain based products. I am expecting similar gesture by the governments around the world to make it user-friendly for the citizens instead of maintaining the uncertain environment.
well hopefully bank banks in other countries are on board
and hopefully from this news
bitcoin back up again
because there is good news
usually there is good news must be bitcoin up
and hopefully from this news
bitcoin back up again
because there is good news
usually there is good news must be bitcoin up
As the title said,
Some of the important Banks in Australia is allowing their customer to purchase cryptocurrency using their Bank account. Because of this, bitcoin can now be easily purchased in Australia.
Reference Link: https://usethebitcoin.com/australian-bank-allow-customers-purchase-cryptocurrencies/
I think this will be the start, hopefully, other banks around the world will follow so we will have a convenient way to buy and selling cryptocurrency to fiat.
wow.That's great news.This is one step for the bitcoin will rise soon.Because more and more investment to come.I hope that my country also will will be like Australia. Some of the important Banks in Australia is allowing their customer to purchase cryptocurrency using their Bank account. Because of this, bitcoin can now be easily purchased in Australia.
Reference Link: https://usethebitcoin.com/australian-bank-allow-customers-purchase-cryptocurrencies/
I think this will be the start, hopefully, other banks around the world will follow so we will have a convenient way to buy and selling cryptocurrency to fiat.
Any positive news about more favourable attitude of banks to cryptos is certainly a GOOD ONE 
. But reading the article itself I understand that only several banks from TOP 10 banks in Australia announce dealing with btc.
Such monsters as the National Bank of Australia (NAB) and the Commonwealth Bank of Australia (CBA) are said to "have taken different regulatory measures." about it. This just reveals the recent situation now in the majority of countries like the US, Australia, Canada or UK where there is duality in reality: on the one hand, a growing group of crypto enrhusiasts either investors or traders eagerly earning from cryptos on the other hand, the rest of the society trying hard to define its attitude about cryptos and hesitating in between horror of FOMO and bubble crash sarcasm.
. But reading the article itself I understand that only several banks from TOP 10 banks in Australia announce dealing with btc. Such monsters as the National Bank of Australia (NAB) and the Commonwealth Bank of Australia (CBA) are said to "have taken different regulatory measures." about it. This just reveals the recent situation now in the majority of countries like the US, Australia, Canada or UK where there is duality in reality: on the one hand, a growing group of crypto enrhusiasts either investors or traders eagerly earning from cryptos on the other hand, the rest of the society trying hard to define its attitude about cryptos and hesitating in between horror of FOMO and bubble crash sarcasm.
As the title said,
Some of the important Banks in Australia is allowing their customer to purchase cryptocurrency using their Bank account. Because of this, bitcoin can now be easily purchased in Australia.
Reference Link: https://usethebitcoin.com/australian-bank-allow-customers-purchase-cryptocurrencies/
I think this will be the start, hopefully, other banks around the world will follow so we will have a convenient way to buy and selling cryptocurrency to fiat.
Some of the important Banks in Australia is allowing their customer to purchase cryptocurrency using their Bank account. Because of this, bitcoin can now be easily purchased in Australia.
Reference Link: https://usethebitcoin.com/australian-bank-allow-customers-purchase-cryptocurrencies/
I think this will be the start, hopefully, other banks around the world will follow so we will have a convenient way to buy and selling cryptocurrency to fiat.
It didn't surprised me at all because Australia is the second country (July 2017) to legalized crypto after Japan. So it really make sense to them to be very lax, including banks and taxes. As for other banks, following their footsteps, I have doubt because we all know that bankers see crypto's as a threat. What we wanted to see more is nations following the footstep of Japan and Australia in embracing bitcoin.
At first I have doubt about the post but when I read the article it's kinda real but I still have doubt about those banks that letting people use their money to buy bitcoins or other crypto currencies. As you have said banks are scared to crypto currencies because they see it as a threat to their business but we are already in the digital age world they need to accept the fact that crypto currencies are part of this.
Japan is genius for making crypto currency legal on their country and japan is very open to new kinds of technologies.
Since the banks are accepting , more and more people would be able to buy Bitcoins.
Those who already are in this business but are limited by Bitcoins and those who wanted to join but weren't able to because of banks and also it will spread good influence on people since they will have more trust on Bitcoins this way.
We need more banks like that.
Those who already are in this business but are limited by Bitcoins and those who wanted to join but weren't able to because of banks and also it will spread good influence on people since they will have more trust on Bitcoins this way.
We need more banks like that.
This is a great news. I always happy when there is some progress in cryptocurrency legitimization
Yes, that's good news for bitcoin, where Australian bankers accept the value of bitcoin, and in the future, more countries will support it.
So good, hope others will also make the same decisions.
This is good news, but at present btc prices are hard to rise, but this is a positive move of some countries on crypto. Thanks for news!!!!
Don't know if there's an official source for this news but anecdotally, this happened to me.
I transferred to BTC Markets on 23/12, received the funds back in my NAB account today 28/12 with no explanation.
Thank you banks, for reminding me why I like crypto in the first place!
I transferred to BTC Markets on 23/12, received the funds back in my NAB account today 28/12 with no explanation.
Thank you banks, for reminding me why I like crypto in the first place!
we need some time until government understand that it's easier to legalize cryptocurrencies than trying to introduce restrictive measures. hope in 2019 we will easily buy crypto through banks
oh well... Bank only offers personal and commercial banking services including savings accounts, certificates of deposits, checking accounts, loans, credit cards, point of sales and other financial services.In most countries central banks are responsible for the oversight of the commercial banking system of their respective countries. They will impose a number of conditions on the banks that they regulate such as keeping bank reserves and to maintain minimum capital requirements. I think bank wont stop you to buy btc in exchange as well. But buy crypto through bank is a different respective of bank policy, i think because the bank will keep doing protecting customers against potential fraud and other possible scams.
we need some time until government understand that it's easier to legalize cryptocurrencies than trying to introduce restrictive measures. hope in 2019 we will easily buy crypto through banks
One green among the reds news. Australia going strong with crypto, its not first good news from Australia
Great News once banks allow people to buy bitcoin the price will increase i hope that here in my COUNTRY they will allow people to buy and sell bitcoin on different banks. hope it applies to other countries which i believe the 2nd mass adoption is here again.
This is one of the good news for the development of bitcoin in the world. Hopefully in the future many countries recognize the existence of bitcoin so bitcoin can exist without anyone considering the bitcoin is negative.
“To reduce the risk for our customers, and to help protect their money, some card transactions may not be processed,” commented NAB. “We take the protection of our customers’ information and accounts extremely seriously.”
I love their reason for allowing their countrymen to buy cryptocurrency from them, they want to give a trustworthy service, a service which makes them feel secured. The relationship between those banks and its customers is like a mutualism — both of them are benefited by each other, customers are worry-free knowing that their money is secured and the banks are able to earn in return. What a great news for all the Australian's, Congrats!
I love their reason for allowing their countrymen to buy cryptocurrency from them, they want to give a trustworthy service, a service which makes them feel secured. The relationship between those banks and its customers is like a mutualism — both of them are benefited by each other, customers are worry-free knowing that their money is secured and the banks are able to earn in return. What a great news for all the Australian's, Congrats!
As the title said,
Some of the important Banks in Australia is allowing their customer to purchase cryptocurrency using their Bank account. Because of this, bitcoin can now be easily purchased in Australia.
Reference Link: https://usethebitcoin.com/australian-bank-allow-customers-purchase-cryptocurrencies/
I think this will be the start, hopefully, other banks around the world will follow so we will have a convenient way to buy and selling cryptocurrency to fiat.
Some of the important Banks in Australia is allowing their customer to purchase cryptocurrency using their Bank account. Because of this, bitcoin can now be easily purchased in Australia.
Reference Link: https://usethebitcoin.com/australian-bank-allow-customers-purchase-cryptocurrencies/
I think this will be the start, hopefully, other banks around the world will follow so we will have a convenient way to buy and selling cryptocurrency to fiat.
Talking about non-news
Quote
ANZ and Westpac, two of the most important banks in Australia are opened to cryptocurrencies. They announced that they will allow customers to freely purchase bitcoin and other digital currencies or accepting them as a form of payment. What the bank will keep doing is protecting customers against potential fraud and other possible scams.
An ANZ spokesperson has explained that they do not provide support or banking services to unregulated businesses like cryptocurrency exchanges or issuers. Westpac has also taken a similar stance with regards to its customers. They will allow them to buy cryptocurrencies with credit cards, but they did not comment on whether the bank was thinking about a prohibitive policy.
An ANZ spokesperson has explained that they do not provide support or banking services to unregulated businesses like cryptocurrency exchanges or issuers. Westpac has also taken a similar stance with regards to its customers. They will allow them to buy cryptocurrencies with credit cards, but they did not comment on whether the bank was thinking about a prohibitive policy.
They will let you transfer funds to an exchange via your bank account.
Or let me put it this way:
"They will allow you to use your money how you want!!!".
Indeed, a milestone! /s
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