Home Equity Loans for Crypto Trading Banned by Australian Banks

2018-7-13 04:50

The Australian Bank of Queensland has banned property buyers from using home equity to buy cryptocurrencies, the Financial Review reported July 12.
The Bank of Queensland is reportedly the latest institution to bar credit lines from loans to be used for leveraged purchases or trading of cryptocurrencies.
The Bank of Queensland is updating loan contracts, alerting consumers that “any loan purpose that involves the acquisition of or usage of cryptocurrency is unacceptable”.
Borrowers could access loan money from for a property to purchase crypto by using redraw features offered with the mortgage.
Last month, Australian tax experts confirmed that the Australian Taxation Office (ATO) is taking stern measures on crypto investors this year.

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Источник: bitcoints.com

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Home Equity Loans for Crypto Trading Banned by Australian Banks

2018-7-13 04:50

Time New Bank (TNB) на Currencies.ru

bank queensland → Результатов: 5

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

2018-7-15 21:00

A Bank In Australia Uses Mortgage Funds for Crypto Speculation

2018-7-14 11:26

Australian Bank Bans Use of Home Equity Loans for Crypto Trading

2018-7-13 02:28

Banks In Australia Ban Use Of Housing Loans For Buying Crypto Coins

2018-7-13 00:48

Don’t Let Your Mortgage Meet Your Crypto – The Bank Of Queensland

2018-7-12 18:30

Bank of Queensland Rules Out Crypto Purchases With Mortgage Funds

2018-7-12 15:00

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