Bitcoin Takes a Back Seat in Australia. Merchants Stop Accepting it
Bitcoin is now up against another challenge in Australia. Things have never been smooth to this digital currency in the land of kangaroos and koalas. Many merchants across Australia have stopped accepting bitcoin payments, dealing a severe blow to bitcoin adoption in the country. The decision of Australian merchants to not accept bitcoin comes soon after major Australian banks unanimously decided to close the accounts of most of the Bitcoin exchanges in the country. Last month 17 bitcoin exchanges operating in Australia received notices intimating them about termination of banking....
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