Post
Topic
Board Economics
Re: Cryptocurrency companies still can’t open bank accounts
by
binhvo1505
on 27/05/2019, 06:44:16 UTC
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
Most businesses in crypto often use their money to reinvest in other areas in other financial markets. they are like us. will directly convert to fiat money to invest like us. Banks will certainly not support them because the government will investigate the truth.
In fact, crypto businesses often do not want to open bank accounts. Grin