Australian Bank Bans Use of Mortgaged Funds for Crypto Speculation

Оригинал: https://news.bitcoin.com/australian-bank-bans-use-of-mortgage-funds-for-crypto-speculation/

One of Australia’s oldest financial institutions, Bank of Queensland, has prohibited the use of home equity loans for virtual currency speculation. The move has been attributed to concerns pertaining to the growing regulatory oversight of the cryptocurrency sector in Australia.

Bank of Queensland has banned its customers from using loans that are leveraged against home equity for the purposes of cryptocurrency speculation due to concerns pertaining to the increasing regulatory oversight of cryptocurrency activities in Australia.

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