The National Australia Bank may have severed all ties with Bitcoin, but ironically, it’s not stopped Ellenet, a major Australian IT firm, from getting involved with crypto currencies, as they’ve just announced they shall be accepting Bitcoin and Litecoin payments.
“Crypto currencies are the future, it’s plainly obvious and people need to understand that Bitcoin and other coins are not going away. Without sounding terse, you can’t stop progress.”
Legal Risk Factor Beneath Ripple’s Lawsuit from SECGo to article >>
Ellenet are already involved with digital currencies, since they have a close relationship with Petabit, a crypto coin mining company, further commenting,
“Working with Petabit, we are able to provide many other crypto currency services in the coming months and provide opportunities to Australians that currently do not exist.”
Indeeed, this is becoming a familiar trend, as more national institutions try to hamper digital currencies, more entrepreneurial institutions are seeking to build rapport with the burgeoning industry.