Does any bank accept Bitcoin?

[Bitcall]

I think not yet, but i also think Ripple working on help Japan and SouthKorea bank to build a bank based on blockchain.

[niceone]

I don't think there is a bank in this world that is accepting bitcoin, satoshi created bitcoin to eliminate third parties in your transactions and that is the bank so i don't think that banks will accept bitcoin knowing it's purpose to eliminate third parties.

[Botnake]

I think not yet, but i also think Ripple working on help Japan and SouthKorea bank to build a bank based on blockchain.

Ripple is pro bank and it's centralized, the supply is very big and I don't think they can grow easily.
I still have xrp in my portfolio and it seems like it's going to be a long term hold, it's not moving as the way I expected but the moment
they can have big banks partnership, I guess this will rise.

[Klestar]

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.

dont think if some bank accept this because to be honest in my country security bank is my way to withdraw my money i have a wallet then if i receieve the code to my email it is easy to withdraw this in security bank

[saedasda]

Here in the Philippines you can now buy bitcoin using banks but i dont know if you can cash out directly using bank

[zeingrind777]

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.

it seems that there is now ATM (Automated Teller Machine) bitcoin, and some exchangers are also already there that make bitcoin card debit, so we can take cash at ATM.

the problem, if called a bank means leading to the old financial authority and still exist today, but bitcoin is made for our own bank, therefore there is a desktop wallet.

[annanava]

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.

No there are not banks that accept bitcoin. The main reason is that bitcoin was created to be a decentralized currency, managed only by the blockchain technology. So the main issue with that financial institution may accept it, is a contradiction to the cryptocurrency itself. So right now the most important is invest on it, because it has grown a lot. I recommend you propthereum.io an excellent project.

[Miyaclint28]

It could be just because it's been widely known bitcoin by people, other than it's way easier to Transact a lot of banks that accept it, otherwise it advances also will encourage banks accept bitcoin as one of the means of payment, and exchange rates huge bitcoin also makes one of the factors. maybe that's one reason bitcoin will be in receipt of bank

[cool kong]

No bank currently has access to bitcoin, but I know there are many places in Switzerland where there is a virtual money fund. Can host bitcoin.

[nithin@123]

Bawag PSK in Austria, Liberty bank in Georgia  Caucasus, TD Bank and Chase in the USA.I think all these banks are bitcoin-friendly.

[nicoly]

You don’t need a bank to store Bitcoins. With Bitcoin, YOU are your own bank. YOU have to take all the precautions to protect your funds (backup and password protection and safety). You could use a bank to store your offline wallet passphrase, though.

[Torbeks]

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 just wanna ask too that the other banks accept bitcoin just to wanna make sure that not all the banks accept it, and I wanna know what banks accept bitcoin. Tia

[Dirkson]

Here in the Philippines you can now buy bitcoin using banks but i dont know if you can cash out directly using bank

I think you can't do it. All banks depend on central bank (regulator department). No one wants problem with government, so before countries won't legalize bitcoin and other currencies — we couldn't withdraw BTC via bank... Nowadays we can use exchanges platforms and nothing else.

[Fatemablabla]

I love your last line.it was fun. I dnt think any bank will accept it before the country legalized

[rayneh]

I love your last line.it was fun. I dnt think any bank will accept it before the country legalized

As Bitcoin is on the grounds that more typical that is the reason gradually and bit by bit the banks are additionally changing the approaches for Bitcoin and after that after some time the banks will likewise begin tolerating Bitcoin on the grounds that Bitcoin can likewise be an awesome wellspring of benefit for the banks.

[congtuan001122asd]

I do not think there are any banks that accept bitcoin. Even in my country, the government has banned bitcoins. Because bitcoin is digital money, bitcoin deals thanks to internet are free or very low fees. That affects the interests of the bank.

[Moesee]

No, not any official banks, but have seen a lot
Of crypto banks getting launched your thoughts on this.

[Gotottack]

Not that I know of. But there are banks that impliedly accept Bitcoin through their respective central banks. Like for instance, the plan of some central banks to regulate transactions involving Bitcoin is an implied admission on their part that they accept the proliferation of Bitcoin in their country. Thus, banks, both public and private, whose businesses is imbued with public interest, have to respond to the orders of its regulating body, the central bank. This situation presupposes acceptance of Bitcoin in their local/national market.

[A Feeder]

No bank will ever accept bitcoin because it is controlled by the government. The reason why bitcoin is so revolutionary because it is a decentralized type of currency.

[Famnant]

i don't think there are any bankes that accept bitcoin. Banks are actually allergic to Bitcoin. What do I mean by that? Well… Before you do any kind of serious trading or transactions with Bitcoin, you must first have some things in place. For instance, you must have an anti money laundering agreement in place. People think that profits from Bitcoin is tax free. The IRS doesn’t see it that way. Bitcoin profits are taxed as capital gains. So if you’re going to do any kind of significant volume using a bank as a middle man, you have to have things in order, or else, they will shut your account down and you may even see a negative balance. Bank of America is notorious for shutting down accounts!