The context was the same as many articles before that have and have not made it to more major media outlets: Bitcoin businesses guillotined by banks around the world. Rabobank has blocked transfers of fiat to Bitcoin exchanges in the past for individuals, not just businesses. Rabobank even had days when all attempted online transfers to domestic Bitcoin Exchanges were met with a technical error. Two websites in the locality have since spread out leaked internal documents from Rabobank that show Rabobank’s Ethics Commission adviseing its branches to not facilitate Bitcoin trading for its customers and to label those that attempted to do so as high-risk.
This is a step beyond United States banks refusing to grant loans to Bitcoin start-ups for obvious risk reasons. In fact, Rabobank claimed that the documents were related to the bank’s decisions to not grant loans to individuals planning to set up a Bitcoin Exchange, not just individuals trying to buy Bitcoins. The overwhelming individual accounts from Dutch Bitcoiners says otherwise though. Bank actions such as those undertaken by Rabobank are only going to further antagonize those curious about Bitcoin to abandon the current archaic financial system.
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