Post
Topic
Board Bitcoin Technical Support
Canadian Banks Freeze/Close clients accounts who deposit money from Bitcoin
by
BitTechNewbie
on 14/12/2017, 11:48:53 UTC
Hi Everyone,

I have been reading and still hearing horror stories of Canadian banks freezing and closing peoples accounts who deposit money that has come from Cryptocurrency.

I was wondering has anyone found a bank that is Cryptocurrency friendly and will not freeze your account if you deposit money that came from Cryptocurrency?


Here is an article I found from years ago but I think is still happening.

https://globalnews.ca/news/996853/as-bitcoin-surges-canadian-banks-make-converting-to-cash-difficult/

I'm concerned because I don't want to start exchanging my Cryptocurrency and all of the sudden the bank freezes all my accounts.

I would love to hear if you guys have figured out a way to exchange your Cryptocurrency and deposit into a Canadian bank and keep doing it on a on going bases with no penalties or issues.

Thx,