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Author Topic: Does any bank accept Bitcoin?  (Read 73772 times)
kunalqwe
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January 22, 2018, 02:02:16 PM
 #1821

I don't think any bank accept bitcoins
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joebrook
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January 22, 2018, 02:13:39 PM
 #1822

I don't think any bank accept bitcoins
Just today the central bank in my government just banned bitcoin saying that there is currently no regulations and therefore it is illegal, why don't they just regulate the cryptocurrency if that is the only reason why they are illegalizing it in the first place.

 
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lani123lani
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January 22, 2018, 02:41:56 PM
 #1823

No bank receives bitcoin even in my country issued a warning to bitcoin users

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January 24, 2018, 07:04:46 PM
Merited by ivanst776 (5), Gibreil (1)
 #1824

For know here in my country there is no such bank who accept bitcoin because for now bitcoin is not fully accepted in my country but in other country where is bitcoin is accepted many bank accept bitcoin even in some remmitance center they accept bitcoin and exchange it to a real money, if my country accept bitcoin many banks and remmitance center will accept it to because bitcoin is good to invest.
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January 24, 2018, 07:19:52 PM
 #1825

Here in the Philippines, if you open an account to them and they learned that you're putting bitcoin in it, they seize your account and confiscate your money. Bitcoin is still not recognized by the Central Bank of the Philippines but they recognized coins.ph and rebit.ph as exchanger of peso to crypto.

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Binancers
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January 24, 2018, 07:21:14 PM
 #1826

I'm sure of a thing, more and more banks(expecially europe banks) will start to accept the Bitcoin when it will be fully regulated
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January 24, 2018, 07:25:10 PM
 #1827

No, banks doesn't accept Bitcoin and they probably never will. In fact, they are scared of it and see it as a threat, so it's not in their interest to deal with Bitcoin.
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January 24, 2018, 10:53:39 PM
 #1828

To date i have not heard of the bank or institusion that embraced bitcoin. Even the central bank in a country i forbid use of the bitcoin or other virtual currency that is used as a transaction.
Jexjatto
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January 25, 2018, 12:11:23 AM
 #1829

The idea of BITCOIN is to be anonymous, and banks strongly kick against that, so i doubt if there will be banks that will accept it, ..
Krispin47
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January 25, 2018, 12:24:55 AM
 #1830

Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.
i think yes but there are no banks who accept bitcoin, but with the majority of banks you can withdraw money to an exchange and buy bitcoin.
I use kraken and when i want to buy bitcoins i just iniatiate a SEPA transfer and voila i can buy bitcoin.
bakulsandal21
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January 25, 2018, 12:27:35 AM
 #1831

There are no banks who accept bitcoin, but with the majority of banks you can withdraw money to an exchange and buy bitcoin.
I use kraken and when i want to buy bitcoins i just iniatiate a SEPA transfer and voila i can buy bitcoin.
weblaraveluser
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January 25, 2018, 12:33:22 AM
 #1832

Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.

There's a country where governments are not banning bitcoins because they can use it for their own economy just like japan but those government who does not like bitcoins are most like corrupted and they did not want their own people to become wealthy.
Fend Ning
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January 25, 2018, 01:53:10 AM
 #1833

I think it will not be too easy, after all, bitcoin has a lot of risk.
Gladz29
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January 25, 2018, 02:13:09 AM
 #1834

I highly doubt there would be a bank for bitcoins because the whole point of btc is for it to be anonymous and that bank will totally destroy that ideal.
Yeah in my opinion their are banks that will accept bitcoin, but here in Asia their are selected bank that accept bitcoin. So I hope in near future all banks all over the world they will allow bitcoin that deposit in the banks.
abayan
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January 25, 2018, 02:27:08 AM
 #1835

Here in the Philippines, if you open an account to them and they learned that you're putting bitcoin in it, they seize your account and confiscate your money. Bitcoin is still not recognized by the Central Bank of the Philippines but they recognized coins.ph and rebit.ph as exchanger of peso to crypto.


Oh it's sad to know that they even try to confiscate money. Maybe they are threatened because they also foresee the future of their companies. Well the good thing is that the government is not yet authorizing any bank to do so or they are not yet compromising any transaction with the uses of bitcoin.

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Elijah1980
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January 25, 2018, 02:29:52 AM
 #1836

That's good but in my country no bank accepts bitcoins and I am very sure the scenario would be same in the future, They give you a debit card that you can use to withdraw your bitcoin in the form of cash wherever you are in the world. Coinbase also launched its ATM in New York.
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January 25, 2018, 02:39:21 AM
 #1837

Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.
I think there are banks that accept bitcoin may be a country that legalizes bitcoin as currency or as a means of investment or payment system and of course the bank will receive bitcoin, but for now in my country there is no bank that received bitcoin because the government has not legalized bitcoin as currency or a valid payment instrument
ronnis.gomes
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January 25, 2018, 03:18:03 AM
 #1838

Traditional banks generally do not accept BTC even in investments. However, some banks are realizing that the BTC and the crypto market are not their enemies and can rather be their allies to get more profits and customers.
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January 25, 2018, 03:39:40 AM
 #1839

No, there is no real bank in the world which accepts bitcoins. I am generally curious how banks will approach the whole topic in the future.  Cool
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January 25, 2018, 03:40:54 AM
 #1840

Currently, I see no bank accepting bitcoin. Because there is nothing to guarantee. Banks will not accept bitcoin. Because banks depend on the government. I think when it's really legal worldwide, banks will accept bitcoin

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