Topic: Countries with banks to buy and sell cryptocurrencies - page 6. (Read 1606 times)
legendary
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I just heard this. as far as I know, Germany finally supports crypto, but to be a place of exchange, this is something new that I have heard. this certainly makes Germany re-exploit the development of crypto at this time, and I think Germany is trying to profit from it. I'm just curious, what cryptos are accepted to be exchanged at German banks?
Aside from Japan, this is the second country.
I read this just two weeks ago and, despite the hype of it since it might trigger other countries to follow them too, at the end of the article, I read that doing this still pose a threat and I agree. I am not disappointed but I agree. Decentralization is a problem when it comes to this type of legalization. That is why I don't really hate people that is against this, it is the reality. As long as Bitcoin and other cryptocurrencies are decentralized, there is no way that it will never be volatile.
I read this just two weeks ago and, despite the hype of it since it might trigger other countries to follow them too, at the end of the article, I read that doing this still pose a threat and I agree. I am not disappointed but I agree. Decentralization is a problem when it comes to this type of legalization. That is why I don't really hate people that is against this, it is the reality. As long as Bitcoin and other cryptocurrencies are decentralized, there is no way that it will never be volatile.
Banks in Germany started to allow people to buy and sell cryptocurrencies this January 2020. I think other countries will do the same soon, Japan might be another country with such services. In the beginning, someone has to start something so others can follow suit.
What are the other countries where anyone legally can buy/sell cryptos at commercial centralized banks?
Absolutely best ideas adopted by Germany bank where brave using bitcoin and altcoin allow buy and sell for their member, I think bank give best solution for bank member where could save their money in the bank and using altcoin or bitcoin, not only as saving assets but many member can get much profit when bitcoin or altcoin have higher price. What are the other countries where anyone legally can buy/sell cryptos at commercial centralized banks?
Will be good way for bitcoin raise to higher price again, many bank look interested for accepting bitcoin and altcoin as their partner platform and become wonderful way how to make bitcoin become best and most popular payment digital currency in the world at the future, good working with bitcoin right now have update their way to be implement in real business.
I have a strong feeling that none banking system nor govs of any country wants to deal with uncontrollable and unknown bitcoin.
So they rather make up their own digital currency, maybe less secured and more centralized but more comfortable for them to work with it.
I don't see bitcoin as worldwide digital currency of the future honestly, but I really want it tho
Seems more countries motivating accept bitcoin. It's better for government if they allow buy/sell bitcoin via bank. It would reduce sell bitcoin on black markets. Same like my country, government doesn't allow to use crypto currency, so we can't sell it on bank even can't deal openly. So by force we have to sell it on black markets in order to cash out. Alos government losing TAX by this way, and negative effect is some newbies getting scam during buy and sell. So it's quite important to sell bitcoin legally to avoid so many harrassment.
What are the other countries where anyone legally can buy/sell cryptos at commercial centralized banks?
For that you may take a look on A Complete List of Bitcoin Friendly Countries. 
Will be good way for bitcoin raise to higher price again, many bank look interested for accepting bitcoin and altcoin as their partner platform and become wonderful way how to make bitcoin become best and most popular payment digital currency in the world at the future, good working with bitcoin right now have update their way to be implement in real business.
Banks in Germany started to allow people to buy and sell cryptocurrencies this January 2020. I think other countries will do the same soon, Japan might be another country with such services. In the beginning, someone has to start something so others can follow suit. What are the other countries where anyone legally can buy/sell cryptos at commercial centralized banks?
Aside from Japan & Switzerland where cryptocurrency movement is really strong and expanding, I am expecting that South Korea can be the next one for this trend. Though we are generally wary about banks getting into cryptocurrency I am still considering this as a good news because this can help this industry spread to as many people as possible. We have to admit that people are still trusting banks (even if we might refuse this fact) and so banks can therefore be of big help to convince more people to invest with cryptocurrencies. Banks are for profits and generally they want to deal with anything where they can be making money and where there is clearly a good demand. They are seeing it with cryptocurrency. Let's see and watch developments on this thing and whether this trend can be catching up fire and spread to many other countries as well.
Yes, banks are a good thing to be in the crypto industry, even when we know they are centralized entities, they are a good tool for achieving mass adoption. They might not be there all the time, once people realize the power of decentralization, they might stop using commercial banks!
We all know that banks are very crucial when it comes to holding money. Being decentralized is more helpful for the people to adopt cryptocurrency in their daily lives. Mass adoption really needs to improve because with that, the demand in bitcoin will increase its price. Probably, if that happens, all holders will celebrate and banks will also benefit the people by means of fees and taxes. That's why some banks in a certain country allows it, because they know that cryptocurrency has a big factor to their economic state.
Banks in Germany started to allow people to buy and sell cryptocurrencies this January 2020. I think other countries will do the same soon, Japan might be another country with such services. In the beginning, someone has to start something so others can follow suit. What are the other countries where anyone legally can buy/sell cryptos at commercial centralized banks?
Aside from Japan & Switzerland where cryptocurrency movement is really strong and expanding, I am expecting that South Korea can be the next one for this trend. Though we are generally wary about banks getting into cryptocurrency I am still considering this as a good news because this can help this industry spread to as many people as possible. We have to admit that people are still trusting banks (even if we might refuse this fact) and so banks can therefore be of big help to convince more people to invest with cryptocurrencies. Banks are for profits and generally they want to deal with anything where they can be making money and where there is clearly a good demand. They are seeing it with cryptocurrency. Let's see and watch developments on this thing and whether this trend can be catching up fire and spread to many other countries as well.
Yes, banks are a good thing to be in the crypto industry, even when we know they are centralized entities, they are a good tool for achieving mass adoption. They might not be there all the time, once people realize the power of decentralization, they might stop using commercial banks!
One of the growing transaction today is with the use of crypto currency, and today there are only a few countries are accepting the use of crypto because they are afraid about the transaction of each of the users. But one of the largest country today is Germany, and they are going to adopt the use of crypto to their transactions and applied into their banks, and it is more efficient to the holders of cryptocurrency because they don't need to convert their crypto into fiat and cause of transaction fee and reduce their money instead of having income.
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Banks in Germany started to allow people to buy and sell cryptocurrencies this January 2020. I think other countries will do the same soon, Japan might be another country with such services. In the beginning, someone has to start something so others can follow suit. What are the other countries where anyone legally can buy/sell cryptos at commercial centralized banks?
Aside from Japan & Switzerland where cryptocurrency movement is really strong and expanding, I am expecting that South Korea can be the next one for this trend. Though we are generally wary about banks getting into cryptocurrency I am still considering this as a good news because this can help this industry spread to as many people as possible. We have to admit that people are still trusting banks (even if we might refuse this fact) and so banks can therefore be of big help to convince more people to invest with cryptocurrencies. Banks are for profits and generally they want to deal with anything where they can be making money and where there is clearly a good demand. They are seeing it with cryptocurrency. Let's see and watch developments on this thing and whether this trend can be catching up fire and spread to many other countries as well.
Yes, banks are a good thing to be in the crypto industry, even when we know they are centralized entities, they are a good tool for achieving mass adoption. They might not be there all the time, once people realize the power of decentralization, they might stop using commercial banks!
Banks in Germany started to allow people to buy and sell cryptocurrencies this January 2020. I think other countries will do the same soon, Japan might be another country with such services. In the beginning, someone has to start something so others can follow suit. What are the other countries where anyone legally can buy/sell cryptos at commercial centralized banks?
Aside from Japan & Switzerland where cryptocurrency movement is really strong and expanding, I am expecting that South Korea can be the next one for this trend. Though we are generally wary about banks getting into cryptocurrency I am still considering this as a good news because this can help this industry spread to as many people as possible. We have to admit that people are still trusting banks (even if we might refuse this fact) and so banks can therefore be of big help to convince more people to invest with cryptocurrencies. Banks are for profits and generally they want to deal with anything where they can be making money and where there is clearly a good demand. They are seeing it with cryptocurrency. Let's see and watch developments on this thing and whether this trend can be catching up fire and spread to many other countries as well.
sr. member
Activity: 1666
Merit: 267
Earn bitcoins every hour, link below at signature.
Banks in Germany started to allow people to buy and sell cryptocurrencies this January 2020. I think other countries will do the same soon, Japan might be another country with such services. In the beginning, someone has to start something so others can follow suit.
What are the other countries where anyone legally can buy/sell cryptos at commercial centralized banks?
What are the other countries where anyone legally can buy/sell cryptos at commercial centralized banks?
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