The New Zealand Bitcoin exchange Bitnz has recently announced to its customers it will be closing its doors soon. The company explains the unfortunate closure is due to a New Zealand banking system that won’t allow Bitcoin operations to hold bank accounts.
Many New Zealand bitcoiners were sad to hear the Bitnz exchange was ceasing its operations. The exchange has asked all of its customers to withdraw funds by April 15 as trading bitcoins is now “impossible” for the company. Bitnz recommends using its sister service Instabit for New Zealand customers looking for another alternative.
Read more here: https://news.bitcoin.com/new-zealand-ex ... hostility/
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