Does any bank accept Bitcoin?

[posi]

Banks are federally regulated. The feds are very slow at making progress with new innovation. I have not yet come across any bank that accepts Bitcoin, however a few will let you bank with them even if your business revolves around the crypto world.

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After 9 years of services of bitcoin in online works there is no one banks have ever accept bitcoin. This is because of the government not allowing digital currency as a valid payments in any government bills. Including with the bank they depend the rules gathered from the government institutions to follow the legal system by the country.

You got be kidding mate. There are almost 400 banks that accept/embrace bitcoin but the thing is that most of the banks work simultaneously with crypto currency exchange in other to stay intact with crypto currency price change.

That's correct. Countries like the Germany, Canada, South Africa, Austria, Switzerland, United Kingdom, Netherlands, Belgium, France, Italy, Spain and Poland have banks that support bitcoin. However, the US banks will also join the queue this December.

[godrey123]

here in our country most of the banks are partnered with the bitcoin wallet provider which is coins.ph. I also used banks to  encash the bitcoin that I earn from tradings, bounties and etc. By the way I'm from the philippines.

[wew13]

No banks accept bitcoin directly. But, they do accept bitcoin if you will exchange the bitcoin to your currency.

[LUXMICOIN]

i dont think that and i cant hear such bank which accept bitcoin .till now its a dream.but near furure it will happen for sure

[shinchan123]

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 my country, there aren't any banks that accept bitcoin yet. I am quite confident that this goes for all over the world as well. It would take some time for the world and the bank to adapt to this innovation since they believe that it's system is not that safe yet. There will be a lot of risks in this. Still, sooner or later they need to learn to accept that fact.

[rfj]

Here in the Philippines, the government legalized the acceptance of bitcoin in some establishments like bank. And there are many bank companies who are partnered in coinsph. 

[BlackRacerX]

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.

As far as I know, banks do not accept any form of cryptocurrency or even the most famous bitcoins to their banks because of how much volatile the prices are. I think this is a smart move for banks because it allows them to focus more on investing money, which is more stable than bitcoins.

[jennywhzz]

I don't know about other country but in my area there's no bank that can accept the bitcoins and i believe they don't have any idea about the crypto currency. But i heard from this forum most of the peoples from different countries confess that their country banks accept bitcoins may be such countries allow bitcoin and such don't allow.

[kostevm]

Frankly speaking, banks shows us old financial situation. But, on the other hand they have a driving power for the new system. But, they have to have a long way to become a Bitcoin bank.

[BitGenerator]

Neteller belongs to a bank and Neteller does accept bitcoin, but is it a payment procesorr itself.

[Bohxz M4p4gm4h4l25]

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.

Yes of course. Since bitcoin was now widely used and being legalized into the international market within different states and countries, bank tend to adapt into make use of operating bitcoin usages into their banking system in a sense that people will still continue to go into them to purchase the fruit of their labor in which bitcoin has already converted into physical money in terms of national currency where they belong.

[lemonscentedbreeze]

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 any bank that accepts it specially here in our country, though bitcoin has becoming quite accepted here. I don't also see the need for bitcoin banks since it will defeat its purpose as a decentralized currency and I think it is secure enough to store in our personal wallets as long as we don't give our account details then there wouldn't be a problem I guess.

[Nana21]

I think no one bank accept bitcoin because bitcoin has no physical shape and bitcoin is not approved by any government

[androidr]

I don see any bank accepting bitcoin in there banks but already I see some atm in the street with you can cash-in your money and buy some bitcoin but it will get some personal information and get a high fee in any transactions you have mad but at least if your a beginner you can start investing.

[johnson4218]

There are many banks around the world who have accepted bitcoin. Of course it is important that governments still do not accept bitcoin, if the government does not accept it, bitcoin will not be protected. I think so

[Lorence.xD]

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.

Banks are not related when in terms of cryptocurrency. And for sure they hate it, that's why bitcoin was termed as decentralized. Maybe banks are not accepting bitcoin or any cryptocurrency but there are online shops or maybe stalls that accept it in other counties like in Overstock.com, Newegg.com and others.

[tulakill]

There are many banks that accept bitcoin, but in my country, that is not allowed. There are a lot of countries banned bitcoin, so whether the bank accept or not is meaningless

[Gasolined]

I do not see many banks accept bitcoin, it is difficult to accept a currency that no one managed. They can not make profit from bitcoin, and the exchange is quite difficult because sometimes it takes a whole day to trade

[suzanne5223]

I think no one bank accept bitcoin because bitcoin has no physical shape and bitcoin is not approved by any government

You're wrong buddy because some government has already legalize bitcoin as a means of payment and this is what we see in the Dubai,Europe, South Africa etc. Though the legalization is yet to circulate cause some government haven't believe or trust in bitcoin wholly. However, like I said before some banks are working with bitcoin.

[kieokiet]

I see, many banks accept bitcoin. I have seen an ATM tree where we can withdraw or load bitcoins there. It's good, because bitcoin has been accepted by many countries. It will become a common currency for the world