Countries with banks to buy and sell cryptocurrencies

[USBitcoinServices.Com]

Banks in Germany started to allow people to buy and sell cryptocurrencies this January 2020. I think other countries will do the same soon, Japan might be another country with such services. In the beginning, someone has to start something so others can follow suit.  

What are the other countries where anyone legally can buy/sell cryptos at commercial centralized banks?

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[CryptoBry]

Banks in Germany started to allow people to buy and sell cryptocurrencies this January 2020. I think other countries will do the same soon, Japan might be another country with such services. In the beginning, someone has to start something so others can follow suit. What are the other countries where anyone legally can buy/sell cryptos at commercial centralized banks?

Aside from Japan & Switzerland where cryptocurrency movement is really strong and expanding, I am expecting that South Korea can be the next one for this trend. Though we are generally wary about banks getting into cryptocurrency I am still considering this as a good news because this can help this industry spread to as many people as possible. We have to admit that people are still trusting banks (even if we might refuse this fact) and so banks can therefore be of big help to convince more people to invest with cryptocurrencies. Banks are for profits and generally they want to deal with anything where they can be making money and where there is clearly a good demand. They are seeing it with cryptocurrency. Let's see and watch developments on this thing and whether this trend can be catching up fire and spread to many other countries as well.

[USBitcoinServices.Com]

Banks in Germany started to allow people to buy and sell cryptocurrencies this January 2020. I think other countries will do the same soon, Japan might be another country with such services. In the beginning, someone has to start something so others can follow suit. What are the other countries where anyone legally can buy/sell cryptos at commercial centralized banks?

Aside from Japan & Switzerland where cryptocurrency movement is really strong and expanding, I am expecting that South Korea can be the next one for this trend. Though we are generally wary about banks getting into cryptocurrency I am still considering this as a good news because this can help this industry spread to as many people as possible. We have to admit that people are still trusting banks (even if we might refuse this fact) and so banks can therefore be of big help to convince more people to invest with cryptocurrencies. Banks are for profits and generally they want to deal with anything where they can be making money and where there is clearly a good demand. They are seeing it with cryptocurrency. Let's see and watch developments on this thing and whether this trend can be catching up fire and spread to many other countries as well.

Yes, banks are a good thing to be in the crypto industry, even when we know they are centralized entities, they are a good tool for achieving mass adoption. They might not be there all the time, once people realize the power of decentralization, they might stop using commercial banks!

[Assface16678]

Banks in Germany started to allow people to buy and sell cryptocurrencies this January 2020. I think other countries will do the same soon, Japan might be another country with such services. In the beginning, someone has to start something so others can follow suit. What are the other countries where anyone legally can buy/sell cryptos at commercial centralized banks?

Aside from Japan & Switzerland where cryptocurrency movement is really strong and expanding, I am expecting that South Korea can be the next one for this trend. Though we are generally wary about banks getting into cryptocurrency I am still considering this as a good news because this can help this industry spread to as many people as possible. We have to admit that people are still trusting banks (even if we might refuse this fact) and so banks can therefore be of big help to convince more people to invest with cryptocurrencies. Banks are for profits and generally they want to deal with anything where they can be making money and where there is clearly a good demand. They are seeing it with cryptocurrency. Let's see and watch developments on this thing and whether this trend can be catching up fire and spread to many other countries as well.

Yes, banks are a good thing to be in the crypto industry, even when we know they are centralized entities, they are a good tool for achieving mass adoption. They might not be there all the time, once people realize the power of decentralization, they might stop using commercial banks!

One of the growing transaction today is with the use of crypto currency, and today there are only a few countries are accepting the use of crypto because they are afraid about the transaction of each of the users. But one of the largest country today is Germany, and they are going to adopt the use of crypto to their transactions and applied into their banks, and it is more efficient to the holders of cryptocurrency because they don't need to convert their crypto into fiat and cause of transaction fee and reduce their money instead of having income.

[AniviaBtc]

Banks in Germany started to allow people to buy and sell cryptocurrencies this January 2020. I think other countries will do the same soon, Japan might be another country with such services. In the beginning, someone has to start something so others can follow suit. What are the other countries where anyone legally can buy/sell cryptos at commercial centralized banks?

Aside from Japan & Switzerland where cryptocurrency movement is really strong and expanding, I am expecting that South Korea can be the next one for this trend. Though we are generally wary about banks getting into cryptocurrency I am still considering this as a good news because this can help this industry spread to as many people as possible. We have to admit that people are still trusting banks (even if we might refuse this fact) and so banks can therefore be of big help to convince more people to invest with cryptocurrencies. Banks are for profits and generally they want to deal with anything where they can be making money and where there is clearly a good demand. They are seeing it with cryptocurrency. Let's see and watch developments on this thing and whether this trend can be catching up fire and spread to many other countries as well.

Yes, banks are a good thing to be in the crypto industry, even when we know they are centralized entities, they are a good tool for achieving mass adoption. They might not be there all the time, once people realize the power of decentralization, they might stop using commercial banks!

We all know that banks are very crucial when it comes to holding money. Being decentralized is more helpful for the people to adopt cryptocurrency in their daily lives. Mass adoption really needs to improve because with that, the demand in bitcoin will increase its price. Probably, if that happens, all holders will celebrate and banks will also benefit the people by means of fees and taxes. That's why some banks in a certain country allows it, because they know that cryptocurrency has a big factor to their economic state.

[asus09]

Will be good way for bitcoin raise to higher price again, many bank look interested for accepting bitcoin and altcoin as their partner platform and become wonderful way how to make bitcoin become best and most popular payment digital currency in the world at the future, good working with bitcoin right now have update their way to be implement in real business.

[The Cryptovator]

Seems more countries motivating accept bitcoin. It's better for government if they allow buy/sell bitcoin via bank. It would reduce sell bitcoin on black markets. Same like my country, government doesn't allow to use crypto currency, so we can't sell it on bank even can't deal openly. So by force we have to sell it on black markets in order to cash out. Alos government losing TAX by this way, and negative effect is some newbies getting scam during buy and sell. So it's quite important to sell bitcoin legally to avoid so many harrassment.

What are the other countries where anyone legally can buy/sell cryptos at commercial centralized banks?

For that you may take a look on A Complete List of Bitcoin Friendly Countries.

[meto012]

Will be good way for bitcoin raise to higher price again, many bank look interested for accepting bitcoin and altcoin as their partner platform and become wonderful way how to make bitcoin become best and most popular payment digital currency in the world at the future, good working with bitcoin right now have update their way to be implement in real business.

I have a strong feeling that none banking system nor govs of any country wants to deal with uncontrollable and unknown bitcoin.
So they rather make up their own digital currency, maybe less secured and more centralized but more comfortable for them to work with it.
I don't see bitcoin as worldwide digital currency of the future honestly, but I really want it tho

[cutesgirl]

Banks in Germany started to allow people to buy and sell cryptocurrencies this January 2020. I think other countries will do the same soon, Japan might be another country with such services. In the beginning, someone has to start something so others can follow suit.  

What are the other countries where anyone legally can buy/sell cryptos at commercial centralized banks?

Absolutely best ideas adopted by Germany bank where brave using bitcoin and altcoin allow buy and sell for their member, I think bank give best solution for bank member where could save their money in the bank and using altcoin or bitcoin, not only as saving assets but many member can get much profit when bitcoin or altcoin have higher price.

[Janation]

Aside from Japan, this is the second country.

I read this just two weeks ago and, despite the hype of it since it might trigger other countries to follow them too, at the end of the article, I read that doing this still pose a threat and I agree. I am not disappointed but I agree. Decentralization is a problem when it comes to this type of legalization. That is why I don't really hate people that is against this, it is the reality. As long as Bitcoin and other cryptocurrencies are decentralized, there is no way that it will never be volatile.

[Republikcoin.com]

I just heard this. as far as I know, Germany finally supports crypto, but to be a place of exchange, this is something new that I have heard. this certainly makes Germany re-exploit the development of crypto at this time, and I think Germany is trying to profit from it. I'm just curious, what cryptos are accepted to be exchanged at German banks?

[kro55]

Banks in Germany started to allow people to buy and sell cryptocurrencies this January 2020. I think other countries will do the same soon, Japan might be another country with such services. In the beginning, someone has to start something so others can follow suit.  

What are the other countries where anyone legally can buy/sell cryptos at commercial centralized banks?

Not sure but I think South Korea, Switzerland and Slovenia are also in this list. There are very few countries that are embracing the crypto revolution rather then opposing it. In my country its still ban to buy and sell bitcoin and anyother currency.

[magneto]

Banks in Germany started to allow people to buy and sell cryptocurrencies this January 2020. I think other countries will do the same soon, Japan might be another country with such services. In the beginning, someone has to start something so others can follow suit. 

What are the other countries where anyone legally can buy/sell cryptos at commercial centralized banks?

I really don't get the obsession that people seem to hold over traditional banks embracing bitcoin.

As far as I know, commercial banks aren't the ones that are currently integrating BTC in their day to day practices. Rather, the only traditional institutions that are able to sell them as investment products are financial intermediaries as well as investment banks.

Commercial banks aren't exchanges anyway. They need not fill the role of a crypto exchange for crypto to succeed.

[Lucius]

I really don't get the obsession that people seem to hold over traditional banks embracing bitcoin.

It is not difficult to conclude that people trust banks the most when it comes to their money, so if their bank offers Bitcoin as one of the services, then for most people this is a sign that Bitcoin is something positive because banks would otherwise not accept it. Personally, I don't see anything wrong with having anyone go to a bank and buy BTC, which is actually a lot easier than making a crypto exchange account, go through KYC and then deposit fiat via bank to exchange.

Confidence, security, practicality, and speed are in this case something that will definitely attract people. Some will certainly not agree with the big institutions going crypto business this way, but I would like to see some better alternative that leaves BTC completely decentralized, yet at the same time allowing for progress in adaptation.

The BTC sign-on banks, post offices or shopping malls may not be a distant future, but it is still something that governments must approve - while on the other hand, BTC has to become competitive with other forms of payment.

[barbara44]

Banks in Germany started to allow people to buy and sell cryptocurrencies this January 2020. I think other countries will do the same soon, Japan might be another country with such services. In the beginning, someone has to start something so others can follow suit.  

What are the other countries where anyone legally can buy/sell cryptos at commercial centralized banks?

I am damn against this type of banks holding your crypto for you thing. They did it one time before with fiat and now they are literally holding less money in their vault than the money they say they can give out, just to give an example there are banks with 1to9 ratio where they can hold 100 dollars but give 900 dollar loans instead, we do not need that with bitcoin at all.

Think about it they will show your bank account with 1 bitcoin but they will have 0.1 bitcoin instead, is that something you would want to happen? Right now if everyone in the whole world with money on their bank accounts went and tried to withdraw it, eventually banks will not have enough money to give it, it is basically a big ponzi scheme, bitcoin can't be like that at all.

[Ryker1]

Well, BELARUS. One of the cryptocurrency-friendly country and I guess the number one. I still remember the days where cryptocurrency companies are trying to move to that country since the Belarusian government is also making projects in the crypto-space. I still remember them making a building exclusive only for cryptocurrency-based companies. Switzerland, one of the cryptocurrency-friendly country as well. I still remember that Libra is actually based in Switzerland, --they also have banks where you could do money-laundering. A dream country for money maniac, indeed!
 

[Ozero]

Will be good way for bitcoin raise to higher price again, many bank look interested for accepting bitcoin and altcoin as their partner platform and become wonderful way how to make bitcoin become best and most popular payment digital currency in the world at the future, good working with bitcoin right now have update their way to be implement in real business.

I have a strong feeling that none banking system nor govs of any country wants to deal with uncontrollable and unknown bitcoin.
So they rather make up their own digital currency, maybe less secured and more centralized but more comfortable for them to work with it.
I don't see bitcoin as worldwide digital currency of the future honestly, but I really want it tho

State banks do not risk anything if they provide services for the exchange of cryptocurrencies in ordinary currency and take a certain percentage for this. The high volatility of the cryptocurrency will not in this case affect the profit of banks from the provision of such services. Therefore, it all depends on the laws in specific states. If legal and organizational problems are resolved, banks of any form of ownership will provide cryptocurrency exchange services. The provision of additional services will depend on their profitability.

[USBitcoinServices.Com]

Banks in Germany started to allow people to buy and sell cryptocurrencies this January 2020. I think other countries will do the same soon, Japan might be another country with such services. In the beginning, someone has to start something so others can follow suit.  

What are the other countries where anyone legally can buy/sell cryptos at commercial centralized banks?

I am damn against this type of banks holding your crypto for you thing. They did it one time before with fiat and now they are literally holding less money in their vault than the money they say they can give out, just to give an example there are banks with 1to9 ratio where they can hold 100 dollars but give 900 dollar loans instead, we do not need that with bitcoin at all.

Think about it they will show your bank account with 1 bitcoin but they will have 0.1 bitcoin instead, is that something you would want to happen? Right now if everyone in the whole world with money on their bank accounts went and tried to withdraw it, eventually banks will not have enough money to give it, it is basically a big ponzi scheme, bitcoin can't be like that at all.

Sure! we the smart people do not need commercial banks, but non-techie people will need them, there are a lot of people that don't know how to manage digital money like cryptocurrencies. Banks will cover that necessity, and at the same time will promote crypto indirectly!

[sunsilk]

No one has mentioned Malta, we've been hearing the good news about that country that they are very open to cryptocurrencies. Binance did open an headquarters on that country because AFAIK, tax is there is free with some conditions.

But it's an example of a country who has a go signal for cryptocurrencies but don't want to issue or sell bitcoins directly. I guess for this matter, it's hard for another country to see such banks to buy and sell crypto's. Do we need them if we already have specific exchanges where we can trade?

[breathlessz]

Banks in Germany started to allow people to buy and sell cryptocurrencies this January 2020. I think other countries will do the same soon, Japan might be another country with such services. In the beginning, someone has to start something so others can follow suit.  

What are the other countries where anyone legally can buy/sell cryptos at commercial centralized banks?

I am damn against this type of banks holding your crypto for you thing. They did it one time before with fiat and now they are literally holding less money in their vault than the money they say they can give out, just to give an example there are banks with 1to9 ratio where they can hold 100 dollars but give 900 dollar loans instead, we do not need that with bitcoin at all.

Think about it they will show your bank account with 1 bitcoin but they will have 0.1 bitcoin instead, is that something you would want to happen? Right now if everyone in the whole world with money on their bank accounts went and tried to withdraw it, eventually banks will not have enough money to give it, it is basically a big ponzi scheme, bitcoin can't be like that at all.

Sure! we the smart people do not need commercial banks, but non-techie people will need them, there are a lot of people that don't know how to manage digital money like cryptocurrencies. Banks will cover that necessity, and at the same time will promote crypto indirectly!

right, I think cryptocurrency does not have a dependency with banks, maybe in European countries banks do that for personal gain, given the number of bitcoiners. and banks certainly want to continue to exist and control the economy with changing times