We, as cryptocurrency buyers, are naturally interested in more convenient ways to exchange Fiat as ATMs. But the government is looking at cryptocurrencies from the other side, and so far it sees more opportunities for money laundering. Although new technologies simply show their promise, they are not the reason why there can be crime in the country. It is strange when two factors are tied together and an obstacle to the development of society is created
The situation with Bitcoin banking in Canada makes you wonder how good conditions there are for investors. I understand the desire of the organs of order to prevent illegal actions. And the cryptocurrency industry has so far shown a large number of examples of fraud.
But they also need to understand that by creating restrictions they harm the country's image as an attractive place for blockchain startups. But just like the rest of developed countries, they have crypto but they love the technology behind, how ironic.