Does any bank accept Bitcoin?

[hardhouseinc]

Bitcoin is considered a competitor for most banks in the world but in the future I think banks will join bitcoin or they will find a middle way for bitcoin and banks

[akram143]

Bitcoin is considered a competitor for most banks in the world but in the future I think banks will join bitcoin or they will find a middle way for bitcoin and banks

No other banks in my country will not accept bitcoin it is due to some economic situation of a country in future it will definitely change in all over the world all banks will accept bitcoin in one day .

[perto01]

Some accept Bitcoin but only the few banks. Because it is decentralised blockchain technology on which it operates is viewed as a rival to the financial system.

[kidoseagle0312]

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 there is bank now accepted digital currency, which is Unionbank. This bank for sure in a long run will succeed in this decision about the virtual currency. And some of the banks will also adapt this concept. Though most of the bank bitcoin for them is one of their major competitor nowadays.

[Strannik-74]

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.

[godzillarekt007]

While you all are hoping for bank to accept Bitcoin, I am here hoping that my bank will accept my fiat transfer from a Bitcoin exchange. Oh the levels to this game

[Ayaancool]

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 don't have an exact idea about bitcoin acceptable banks . But I know one thing that ICICI bank is the first bank that accepts bitcoin in India.

[roshanface123]

I don't know detailed information about other countries. But I know that ICICI bank is the first bank that accepts bitcoin in India. Because of the regulations of reserve bank of India most of the banks are get back from accepting cryptos.

[sanjay6121]

according to my knowledge there is no bank which is accepting bitcoin but they will offer you an exchange which means you can buy bitcoin by transferring money. i hope very soon banks will come forward to allow trading in bitcoin apart from their personal interests.

[pat231]

banks don't deal with bitcoin because bitcoin is still not considered as legal money in our country so till now no banks accept bitcoin. but banks are making themselves ready for future with such own currency.

[bahula33]

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.

little chance of that happening, to store bitcoin in the bank

[bukikbarisan]

You always get the fact that the bank does not "receive" bitcoin, if you plan on saving your bitcoin to use the descending path in the future. You can print from paper, or you can keep it in a deposit box for high security so no one can steal it from you or have something bad for it.

[pinoyden]

You always get the fact that the bank does not "receive" bitcoin, if you plan on saving your bitcoin to use the descending path in the future. You can print from paper, or you can keep it in a deposit box for high security so no one can steal it from you or have something bad for it.

Your wrong, because not all banks do restricts bitcoins or any other cryptos. infact many countries and banks are now supporting it. however fiat money or physical money is still their priority because that is still the official curency that we must use in order to honor our own country. you cannot be identified as a citizen if you use an unknown curency such as digital money or bitcoins. But overall bitcoin is still the mainstream medium that mainly been used online and it can also be convertible to cash in any banks as long as the country supports it.

[btccointalk]

In my country,there is no bank yet which accept Bitcoin.

[randulakoralage961007]

The mainstream banking community has not always welcomed cryptocurrencies with open arms. The decentralised blockchain technology on which it operates is viewed as a rival to the financial system.

Tracking flows of cryptocurrencies on blockchain is relatively simple, but it is not so easy to identify the identities of traders. This has led to concerns about such digital currencies being used for money laundering or tax evasion. This has spooked many Swiss banks that have been already been hit by global crackdowns on tax evasion in recent years. There have been reports of some Swiss banks refusing to accept cryptocurrency traders as clients, according to Betschart.

[hatsuneczelmiku]

As far as I know, there is no banks that accept crypto currencies. Because for my understanding, bitcoins serves to be anonymous. And furthermore, in the crypto currency community there are so much projects that focused to be centralized which is very opposite of saving money in banks.

[cryptoislove]

I think there is a bank right now in Europe who recognize bitcoin i am not so sure tho if they accept transactions from btc to their institution

[muhammed27aslam]

Non of the banks are accepting bitcoin as per my knowledge.

[chhotu96]

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 any bank accept Bitcoin.

[warning_btc]

I think only in countries where bitcoins officially accepted, countries like Japan and Germany.