As the popularity of bitcoin started to grow, more and more banks started to close down bank accounts of active bitcoin traders. Account closures usually came with little to no explanation as to why the bank accounts were shut down but, given the threat that a decentralized, borderless, peer-to-peer payment system like bitcoin poses to banks, it should be no surprise that some banks have decided to push back against this technological innovation.
Unfortunately, the list of bitcoin-unfriendly banks is much longer than the list of bitcoin-friendly ones.
Nonetheless, we have found and compiled a short list of the best bitcoin banks that you should be able to use without the fear of having your account closed because of digital currency trades, whether you are an individual bitcoin investor, a merchant accepting bitcoin as payment, or a startup in the crypto space.
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