NEWS

Banks canceling coin dealers without explanation, highlighting concerns about digital dollar

Updated: September 13, 2023 at 7:57 pm EST  See Comments

Wed Sep 13, 2023 – 7:35 pm EDT

(LifeSiteNews) – A number of coin shop owners in the United States have reported recently that their bank accounts have been shut down without explanation in what some are calling examples of what the future could be like if central bank digital currencies (CBDCs) are widely adopted.

On Monday, Gateway Pundit highlighted the cases of three separate coin shop owners in Ohio, Illinois, and Nebraska, respectively, who took to social media to share that their banks had canceled them without warning or details.

“They’re just closing all my accounts,” said the Ohio proprietor via his Gold & Silver Stackers YouTube channel. “They don’t want to do business with me. They won’t tell me why. I went to my local branch, who I have a good relationship with. Talked to the manager. She tried to find out. They wouldn’t tell her. So here I was left thinking, wow, what is going on? What do they think I could have done?”

The message he received, he said, claimed that a “recent review” led to the decision. He did not identify the bank except to clarify it was not a national

The remainder of this article is available in its entirety at LifeSite News

The views expressed in this news alert by the author do not directly represent that of The Official Street Preachers or its editors

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