Here is a list of friendly crypto banks all of you can use without worry
In recent times, since the popularity of cryptocurrencies’ have become more widespread, there has been a massive shift in the mentality of banks towards cryptocurrencies.
Owing to the perceived risk of fraud and money laundering that is associated with cryptocurrencies’, many banks across the world have been closing the accounts of customers involved in cryptocurrency and are barring crypto-based businesses from getting new accounts.
Despite this growing pressure by the banks, there are some individuals and businesses who are trying to fight back by utilizing the courts. One such business is Bits of Gold who has recently been embroiled in a legal battle against the Israeli bank, Bank Leumi.
Recently, the Israeli Supreme Court reached a decision, temporarily forbidding the bank from preventing Bits of Gold to conduct their banking activity.
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So why didn't you list the name of these crypto banks here, or are you expecting everyone to be hitting the link you have provided? You should have made the list here and then anyone that needs more info on any of them can head to the site to grab the info they need there. And what is even a crypto banks? Like seriously, what else does the so called crypto banks has to offer that a cryptocurrency wallet does not offer already? Is it transaction? You can do that with you wallet. Exchanging? You can also do that from most wallets. Trading? You have Coinbase which offer both. Debit Card for local withdrawal? There us Bitpay, Xapo, Coinbase and more. Loans? There is Nexo. So why the would I even think of using these fake banks?. In recent times, since the popularity of cryptocurrencies’ have become more widespread, there has been a massive shift in the mentality of banks towards cryptocurrencies.
Owing to the perceived risk of fraud and money laundering that is associated with cryptocurrencies’, many banks across the world have been closing the accounts of customers involved in cryptocurrency and are barring crypto-based businesses from getting new accounts.
Despite this growing pressure by the banks, there are some individuals and businesses who are trying to fight back by utilizing the courts. One such business is Bits of Gold who has recently been embroiled in a legal battle against the Israeli bank, Bank Leumi.
Recently, the Israeli Supreme Court reached a decision, temporarily forbidding the bank from preventing Bits of Gold to conduct their banking activity.
The full article
