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The News Crypto 2023-07-16 09:36:46

Bank of America Allegedly Closes Crypto Purchasing Bank Account

On Wednesday, Muneeb Ali, co-founder of Stacks, a Bitcoin layer for smart contracts, disclosed on Twitter that Bank of America (BOFA) had abruptly cancelled his bank account of 15 years without providing an explanation. He thinks the account was closed because he used it to buy crypto using Coinbase. Coinbase

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