2013-12-07 • The Chinese central bank, the People’s Bank of China, have banned the country’s financial institutions from using bitcoin .
They justify this decision by the money laundering risk is just too great, and that the currency may be used for illegal activities. Because Bitcoin is not edited by the monetary authorities lack the addition, according to them “real significance”. Private individuals are not covered by the ban. They may continue to use the digital currency, but then at “their own risk”.
In Sweden, bitcoin is not prohibited. Swedish Bankers ‘Association has no general recommendation regarding the banks’ management of companies engaged in the exchange of bitcoins. However, companies that switch bitcoin against other currencies will no longer be customers of SEB. According to Svenska Dagbladet, it has been observed that the bank closed down business accounts because of connections to /> Http://www.svd.se/naringsliv/svep-bitcoin_8794482.svd?sidan=11
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