The popular cryptoexchange Cryptopia announced the closure of its bank account, which allowed traders to use the funds for input / output of funds and trade in pairs to the tokenized New Zealand dollar (NZDT).
Unfortunately, our current bank has notified us that they intend to close our NZDT account on 9 February. Due to this, we are announcing an immediate halt to NZDT deposits from COB today and we are asking all customers to cease sending NZD deposits to our NZDT account.
The Cryptopia Team
It is noted that the clients of the exchange can withdraw funds from their NZDT accounts by March 31.
Currently, the exchange is looking for alternative options for banking services, but admits that for a while, fiat trade may not be available.
I'm hearing that at least one other NZ crypto exchange is having trouble with NZ banks. So it's not just @Cryptopia_NZ. The problem here is the NZ banks, who are preventing kiwis from fully participating in #bitcoin & #blockchain revolution.
— Richard MacManus (@ricmac) January 30, 2018
In August, the Cryptopia exchange suspended the listing of new tokens created on the basis of this Waves due to its hardfork.