bank of queensland

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Bank of Queensland Customers Can No Longer Buy Bitcoin With Home Equity Loans

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Various banks around the world have shown a tendency to oppose cryptocurrency. Bank of Queensland is doing exactly that, even though its decision makes a lot of sense. Clients were tapping into home equity loans to buy cryptocurrency, which is ill-advised. Bank of Queensland Bans Crypto Buying When consumers spend their own money on cryptocurrency, … Read more

Australian Bank Bans Use of Mortgage Funds for Crypto Speculation

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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. Also Read: Tether Announces Appointment of New Chief Compliance Officer Bank of Queensland Cracks Down on … Read more