Canada's Top Bitcoin Exchange, QuadrigaCX, unexpectedly had RBC and CIBC close key accounts.
Here is a screenshot of their statement: and link to Reddit
Yesterday, Nicooa on Reddit reported the following about internal memos within the bank he works at:
Canadian Banks Feel The FEAR
The fear caused by the stark realization that cryptocurrencies remove them as the middle man in money transactions.
What do you think of these latest panic moves by the Banks?