Does any bank accept Bitcoin?

[jennywhzz]

Why would they? What would the purpose it be and what would they actually be doing for you. There is no need and really no technical room in the system for a third party to anything. All they could do is help you set up and maintain the wallet software and your addresses I guess, hardly something that we need another involvement.

[qwertyup23]

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.

Banks, the government, or any other entity cannot control bitcoin due to its decentralized and volatile nature. Should bitcoin be controlled, then its price would be constant and subject to monopolization among establishments that have the most capital. Cryptocurrencies, in general, is impossible to regulate and that is why some countries ban the usage of bitcoin because it may be subject to illegal transactions under the dark web.

[CROYA86]

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.

should already exist like japan now recognize bitcoin as a valid payment instrument, therefore there must be a bank that received bitcoin deposits, if you are interested you can start to find out it started from this country

[Andre_Goldman]

only invest investment  ment banks as far as I know  ;Preparing for ring-fencing

https://www.home.barclays/about-barclays/ring-fencing-explained.html

[Janademir4]

It wouldn't be good supporting something that's designed to replace banks.

I strongly agree with your opinion, bitcoin is in a very good position at this time even a lot of discussion material in various forums, but if we aim to replace banks or other currencies with bitcoin I think there will be many governments in each country who do not support for it and its bad effect is bitcoin will be banned in various countries in the world

[tmaleha]

Banks are not accepting Bitcoin. It is very difficult to accept by bank until Government officially announce Bitcoin is acceptable.

[jaocoincrypto18]

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.

In our country there is none especially bitcoin was not legal but also not an illegal to use or trade but i was in favor to the idea of depositing bitcoin to the bank for safe keeping with interest to earn too. Bank has a high end security system to ensure that their clients wealth is well protected and secured unlike just depending on private keys which is very vulnerable from the hackers

[The Last Choice]

As long as know about bitcoin, i never know there are any banks who was accept bitcoin as pamyment, And if the bank wanna accept bitcoin first the country should admitted bitcoin as currency
but not will happen in my country, i trust it.

[btcprospecter]

I haven't heard of any bitcoin banks just exchanges and wallets. Would we really trust an anonymous bank with our anonymous bitcoins. However we do trust our wallets and exchanges to a certain degree. Once more governments come on board with bitcoin it will be easier to integrate a banking element into it.

[Adioliver]

I don't think any of the bank's would accept bitcoin as the purpose of bitcoins is to replace the banks,bitcoin stands out from any of the currencies because of its anonymousity,if banks start accepting bitcoins then everyone will lose interest in it.The interesting fact is that I have heard of some online electronic banks that do accept bitcoins for deposit and withdrawals like Neteller".

[chocolah29]

Well I don't like the idea of bitcoin that accepts in the bank as it only shows the owners of it.
The anonymity of it will be loss and it's not safe for everybody who owns it.
Let's just leave bitcoin the way it's decentralized and pseudonymous.

[Nagrogflaz]

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.

bank regulation must follow the government's terms, as long as bitcoin is not prohibited the government of the bank will receive bitcoin but it does not mean the bank embraces bitcoin but can to exchange bitcoin, I think

[CryptoClown]

There are certain bank regulations that must be followed so I haven't found any banks that accepts Bitcoin as of the moment in my local area. This is why we need exchangers as they act as middleman for negotiations like these, we just have to go with their fees though.

[ruskytailz02]

In our country I think no because bitcoin is nit that stable unlike fiat.. and banks will not gonna accept that becuase of many rumors and wrong information about bitcoin.. and because the bitcoin is not legalize and accept by the government. Thats why we have exchangers don't bother your self just exchange it to money problem solved

[Rossy Akbar]

Well, I just knew that Bank Central in my country have said that bitcoin is an invalid currency, so that's mean this bitcoin are not really acceptable with the bank nation, and I think bicoin is an anonymous stuff also. But most people don't care of it.

[Zabrielle]

So far in my country, there is no bank yet will accept bitcoin. But im not sure if there is really a bank that will accept bitcoin.

[Xenophoto]

I don't think there is a bank accepting bitcoins in my country. But I do know that the online wallet that we have in my country have partnerships with all the huge companies and this includes all the banks, all the institutions that offer Internet, SMS, electricity, etc. Literally the big players and the companies that you will be using in order to live (i.e. electric company). You can withdraw your bitcoins to any bank and at the same time, you can deposit some money in order to receive bitcoins. The banks themselves don't really accept bitcoins. It's more like the online wallet had a strong public relation and have these companies partner up with them.

I don't know how banks accepting bitcoin will affect us but it will be a good thing to have some part of the government accepting bitcoins. It will be a part of the huge hype that we will have in the far future which will be enough to make bitcoin go mainstream (which is basically our ultimate goal here).

[Dakshkapoor]

As i am from INDIA i don't find a single bank whivmch is accepting BITCOINS. You can invest your money on BITCOINS and if you wanna sell them then you can do traiding from different companies who accept BITCOINS and then you can save youf money in your bank account but once you pit your money in bank then you have to give a good amount of tax to the government . May be in future our government may establish a bank where we can put our crypto currency safe.

[DenGreen910]

I haven't heard about it nowadays. But maybe in a few years it will be.

[twicezeroiszero]

So far in my country, there is no bank yet will accept bitcoin. But im not sure if there is really a bank that will accept bitcoin.

A bank accept Bitcoin means the government in that country also accept Bitcoin is legal.
But today, we just have Japan is the first country accepted Bitcoin is legal.
Other countries still considering, to be honest, I can understand the opinion of the government in those countries.
They do not want to give us permission can control our money without the management of the government.