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Author Topic: Share a Bitcoin Friendly Bank You Know  (Read 2156 times)
btcdevil
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February 21, 2017, 02:37:36 PM
 #21

I am from India, and here in our local exchange we can transfer money from our local bank to the local exchange and do bitcoin trading and same we can withdraw the fiat currency after sold the bitcoins. So this is the procedure for purchasing bitcoins through fiat currency through our local banks.
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February 21, 2017, 02:48:51 PM
 #22

If operating bitcoin related exchange or wallet is legal in your country than you can start bitcoin related startup like any other startups without any problem. You may need license to operate financial institution if your project will involve with exchange of crypto and cash.

 
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February 21, 2017, 04:12:21 PM
 #23

Well lucky you, I've literally found none, at least not in where I live. Maybe you can find where bitcoin's popularity is well-known. But I think that this will be a hard task since bitcoin is assumed to against banks. It's not most governments' favour and bringing it into banks may cause the government to suppress bitcoin-related stuff. I don't know, just my thought anyways.
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February 21, 2017, 05:18:02 PM
 #24

I wouldn't really think to find any banks that are going to be friendly relating to bitcoin but it's probably rather easy to find banks that don't really care as to what you do with your business account as some people will use these accounts in order to exchange cash to bitcoin and so on. My bank, TD Bank has really never given me an issue when I spoke to them about a problem I had with Gdax / Coinbase which was relating to a deposit to their website.

The person on the phone didn't seem to care much about what I was buying so I guess thats all that was, I guess it was less about them being friendly towards bitcoin and more about them just wanting to get off the phone with me.




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February 22, 2017, 09:07:50 AM
 #25

Presumably, this is a Bitcoin-friendly bank: https://libertybank.ge/en/pizikuri-pirebistvis

They are in Georgia, Caucasus. Apparently, it supports the operation of over 1500 Bitcoin ATMs.

Does anyone has some experience or know about them?
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February 22, 2017, 03:12:43 PM
 #26

Hi,

I’ve been looking for a list of banks around the world that are friendly to bitcoin, and I can’t find one that is up to date. The ones that I find are older than two years. In bitcoin time, two years is quite a long time.

My humble request to you; if you know a bank that is friendly to bitcoin startups and users please share it below.

I think this information will be very helpful for Startups and companies looking to engage in this new technology.

Thanks in advance


How about asking to your fellow mates who are also from your country if there are any banks that are bitcoin friendly in your place . It is really hard to suggest a bank especially if we are from a different country . Anyway here in my country it seems we only have few banks that are good but only for converting bitcoin into a real cash .

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May 28, 2017, 03:57:25 AM
 #27

There are also companies who can provide you with a bitcoin visa card. No need for banks.
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May 28, 2017, 04:04:35 AM
 #28

Hi,

I’ve been looking for a list of banks around the world that are friendly to bitcoin, and I can’t find one that is up to date. The ones that I find are older than two years. In bitcoin time, two years is quite a long time.

My humble request to you; if you know a bank that is friendly to bitcoin startups and users please share it below.

I think this information will be very helpful for Startups and companies looking to engage in this new technology.

Thanks in advance


https://bitcoinmagazine.com/articles/global-digital-bank-wb-starts-accepting-bitcoin-deposits-1466103194/

The only digital bank out there and the first bank that accepts bitcoin is the digital bank named Global Digital Bank WB2I. This is the first bank in the world that accepts bitcoin deposits. I do not know how they operate but this is a dream com true for people who wanted a bitcoin bank. But it is much better if there are local versions of this one.
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