Well, I don't know but, would that really be surprising given the fact that the 1% has had us all held economically hostage for so long! Regardless I thought I'd share an e-mail I received from N-Trust today. https://www.ntrust.com/
Ntrust recently began exchanging FIAT for Bitcoin and doing a great job as in they were Fast, Accurate, and no charge for this service. Apparently some Bank or other put the squeeze on them and this is what I received.
First, I'd like to thank you for being an nTrust member. We recognize that you have choices about where to participate in the Canadian cryptocurrency market, and I appreciate your support. That's why I wanted to contact you directly to let you know about upcoming changes which we unfortunately must make to the nTrust platform.
As of February 6, 2018, nTrust will no longer be able to support deposits or withdrawals in CAD. If you would like to Add Funds to your account, or Withdraw to your bank account, please initiate the transaction on or before February 6.
After February 6, you will be able to receive Bitcoin Cash (BCH) or legacy Bitcoin (BTC) into your nTrust account, as well as send both cryptocurrencies out to external wallets. You can also exchange BCH or BTC back to CAD, and hold CAD within your nTrust account. However, you will not be able to deposit CAD into the system or withdraw it.
nTrust was originally built to be a remittance platform: an easier way to send money around the world. Unfortunately, some financial institutions that we partnered with years ago are uncomfortable with cryptocurrency. Our current Canadian bank recently decided to stop supporting nTrust's business. We are disheartened by the bank's decision but also know that we are not alone. Around the world, cryptocurrency wallets and exchanges have faced similar challenges with banking, which has made it more difficult for everyday people like you to acquire Bitcoin.
nTrust is committed to Bitcoin's world-changing vision to transform global monetary systems and empower consumers with financial independence. But when you are trying to change the world, you often run into obstacles. Fortunately, not all banks hold the same views about cryptocurrency, and we are working to establish new relationships. We certainly plan to support CAD deposits and withdrawals in the future.
Our goal remains the same. We want to provide an accessible, user-friendly platform that helps Canadians easily buy, send, and sell Bitcoin Cash and legacy Bitcoin. In the meantime, our team will provide updates on our Twitter account.
Again, thank you for your support. We're deeply sorry for any inconvenience, and I personally am very disappointed that we have to send you this email. We're happy to answer any questions or address any concerns; please contact us.
Angela Biener
Chief Operating Officer, nTrust