P2P Trade Spikes in Canada Amid Bank Restrictions on Crypto Transactions
news.bitcoin.com
by Lubomir Tassev
April 13, 2018
Excerpt:
The volume of P2P bitcoin trade in Canadian dollars has increased significantly since leading banks in the country imposed bans on crypto-related transactions. Toronto-Dominion Bank, the Royal Bank of Canada, and more recently the Bank of Montreal have limited or prohibited the use of their services and products to acquire cryptocurrencies. As a result, the weekly CAD trade on Localbitcoins has passed C$8 million at the end of March.
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