I use exchange websites to withdraw my bitcoins for fiat to my bank account. I wish to know that if in case the bank asks about the source of the income and source of bitcoins, what would I proof can I give them? I commonly earn from signature campaigns, freelance tasks and translations but giving them the complete details would be too much.
Has anyone ever provided proof or their source of bitcoins to any bank or legal organization? What would be the best way to prove it?
Hmm that is an interesting and serious question. Till now i have only done some small amount of transfers from bitcoin to fiat currency, highest one was around 60 dollars. But i did not have any problem with the bank. I guess there is no problem, unless you make it. But honestly, i do not think that any bank will make you a problem, because they get their money from you, so why would they make you any kind of problem. And bitcoin is not illegal so Has anyone ever provided proof or their source of bitcoins to any bank or legal organization? What would be the best way to prove it?
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