Does any bank accept Bitcoin?

[Nilima-Temp.]

As far as i know no bank does so, but i have a strong feeling that in the near future , many banks will come across bitcoins and they will be eagerly waiting for their customers to confirm the transactions through bitcoins.

[zais]

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'm not sure the bank in my country can accept bitcoin .... because my country government has not received bitcoin .. if indeed my state bank will receive bitcoin .. of course with government policy

[MS.LAWLIET]

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 haven't heard banks that takes bitcoin as a deposit but here in our country you can cash out your bitcoin in money. They will convert your bitcoin into php. Some of bitcoin users convert it to use for daily allowances and some uses.

[zais]

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'm not sure the bank in my country can accept bitcoin .... because my country government has not received bitcoin .. if indeed my state bank will receive bitcoin .. of course with government policy

[Fretcy]

One of Norway's Online bank name Skandiabanken plans to offer its customers to link bank accounts to bitcoins and other cryptocurrency holdings, Switzerland based Falconexternal is the first wealth manager in the country to accept bitcoins, this brings a dramatic change in the socio economic and financial situation of the world. Barclays are also accepting bitcoins, most of the banks are accepting bitcoins to store value as bitcoins are more secure than traditional currency, while some banks trade bitcons and other cryptocurrencies to make profits from commissions by trading.

[btcboss71]

In my knowledge, no physical bank has adapt bitcoin. Some online bank in Norway and Europe has services with bitcoin. Actually bitcoin has its own banking system called bitcoin wallet which is secured by block chain so there is no need for traditional bank. But with raising of popularity I definitely think that in near future bank will accept bitcoin for sure.

[farhansadik]

Bitcoin is just An Electronic currency (E-currency) and we know that bank just cooperative fiat currency but i aspiration bank will be obliging bitcoin in the unapproachable. On the other hand there is no necessary for acceptance of BTC in bank.

[Celsiuss]

Not that I know of, but a local bank in my country has integration with coinbase and allows you to buy and sell bitcoins straight from their online banking website. Pretty cool, but you can't pay bills or anything with bitcoin yet.

[btcprospecter]

Surely a bank would be no different from a wallet? Most banks. Will allow you to buy bitcoin from the likes of coinbase and such. Or do you mean that you deposit your bitcoin at any bank and get fiat in exchange.

[unbotak]

Surely a bank would be no different from a wallet? Most banks. Will allow you to buy bitcoin from the likes of coinbase and such. Or do you mean that you deposit your bitcoin at any bank and get fiat in exchange.

the dominance of conventional banks is coming to an end, this is already happening where many employees are fired and banks turn to digital service versions, if really effective, bitcoin slowly enters and opens the eyes of the world that it is able to become a currency. The synergy between e-fiat and bitcoin will be very balanced.

[Jessica2009]

Banking is extremely competitive and one bank does some thing the others have to follow not to lose customers. when you are holding bitcoin in your wallet and want to sell them it usually take days before you own money on your bank account.You need to get an exchange platform that accepts your digital currency,set up an account,transform your bitcoin and wait for the exchange to send a payment to your bank.The traditionalists cannot ignore the rise of bitcoin.More businesses are accepting it as a form of currency,so banks have a duty to their customers to accept.Digital bank WB21 is the first financial institution offering bitcoin acceptance and there fore provide an extreme shortcut to convert bitcoin in to cash.WB21 is a mobile app. To my knowledge Falcon private bank is the first bank worldwide to offer crypto assets directly to their clients.

[pantek talacuik]

banks and bitcoin are businesses that will one day mutually destroy each other. so it would not be possible if the bank could accept bitcoin. plus the government does not support bitcoin.

[bennybeezy]

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 certainly don't know any that embrace it but here's one that will close your account if you decide to buy it!!!

https://news.bitcoin.com/bank-threatens-to-close-customers-account-for-buying-bitcoin/

[SirLancelot]

no bank are accepting BTC right now because it means BTC is a recognised currency hence, regulated (taxes and so on); hopefully it will not happen soon because that might be one nail on the BTC coffin.
Maybe sometime in the future BTC will raise his voice and will be widely recognised but for now, is not a good idea.

I am agree with that no any bank is accepting bitcoin now. I don’t think so that banks will accept bitcoin future because bitcoin features and banking system are against each other they cannot run with each other. Exchanging bitcoin into fiat through some blockchain doesn’t mean that banks are accepting bitcoin.

Banks accept only centralized currencies which will under control of bank and bitcoin is totally decentralized currency but banks can play a roll of blockchain for bitcoin.

[thet]

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.

Never heard about that kind of situation. But i think it will not happen because banks requires a lot of requirements before making any transactions with them that bitcoin doesn't have. Bincoin is decentralised unlike with banks.

[ankit05]

no bank w ill directly accept bitcoin. but can you exchange with the bitcoin exchangers. seeing bitcoins marketing value increasing , it look like there will be a bank of bitcoin in coming year and in the some country.

[SaikiranChotu]

Banks are against to Bitcoin.Upto my knowledge I think there is no such bank which accepts bitcoin.

[mattbellme]

I think there was one in Switzerland, google it.

[Dheo]

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.

The most against in bitcoin is bank, so i think that's imposible to happen for now, but to the future it can be happen especially if many people are use bitcoin so they don't have any choice but to accept it.

[Manutax]

Banks are important intermediary in the crypto business. I have had success transacting BTC withdraw, to fiat with a number of banks