Canadians: Banking solutions for crypto businesses

[zonesbump]

Hey everyone, im trying to start my own mining farm but I seem to be having trouble opening a business account with the Big5.

Does anyone have suggestions for Canadian banks who service crypto businesses?

[Despairo]

According to this site [1] National Bank of Canada and Torono Dominion is the most friendly bank to allow crypto transactions, so they should be your choice to ask about the requirement to open a business account. A while back some Canadian Banks block of crypto transactions, though it's not banned anymore, but they're still cautious with it.

[1] https://ocryptocanada.ca/faq/are-there-canadian-banks-that-allow-crypto/

[DapanasFruit]

Good luck with your crypto mining business venture. I understand that though cryptocurrency in general is not being banned in Canada, you can not expect a very friendly treatment from many people in the government either as many of them can be concerned on the supposedly environmental impact created by mining due to its big demand for power...not unless maybe if you are the one providing your own electric requirement. Still, a good entrepreneur can triumph against all odds.