Post
Topic
Board Economics
Re: Cryptocurrency companies still can’t open bank accounts
by
lovesybitz
on 28/05/2019, 11:15:31 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

Do you think most banks or all banks in the entire world they like crypto currency? If there are few banks are connecting or adopting the system of blockchain technology, it is because they saw that someday it will be hard for the bank to defeat it, it is a matter of Decentralization vs. Centralization, I hope you get my point.