I despise such a move from banks who are simply a custodian of our money. They do not own it and should not own the rights to tell us how to use our funds. It's a pity that the government is allowing them to form such an internal policy.

Am so with you on this @firepower.. This only shows how these banks are trembling with panic. It's indeed funny how the public doesn't get to use the money they work hard for the way they want to. I credit the banks that are ensuring the smooth operations of cryptocurrency. This indeed is an avenue for revenue generation. And this generation can be used by the government to cover the huge debts and also work on infrastructure. This is a win win for both the people that are reaping huge and the government. And thus the government should step in to halt the banks which are making it harder for the exchanges to operate.