Ninjastic
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Post
Topic
Board Economics
Re: Cryptocurrency companies still can’t open bank accounts
by
whirlcoin
on 30/03/2019, 15:23:19 UTC
Quote from: Unblock_news on March 05, 2019, 08:04:14 AM
Despite the increasing legitimate cryptocurrency uses, its continued association with illicit activities and anti-money laundering compliance costs makes banking for cryptocurrency companies hard.

Read more here: https://www.unblock.news/news/cryptocurrency-companies-cant-open-bank-accounts
the reason will be simple the banks are not supported for cryptocurrencies that's why they don't accept cryptocurrency users to be a part of their development otherwise there is nothing in this because we don't need banks are to be part of this field.