Post
Topic
Board Bitcoin Discussion
Re: chances of bank closing account if you buy bitcoin
by
777Jolami
on 03/05/2021, 16:30:28 UTC
What are the chances of a bank closing your account if you buy bitcoin? i have heard people say they closed down their bank account for buying bitcoin, but this might have been a few years ago. he only said they closed his account, there is no chance of them taking all the money in your account, correct?
Banks cannot do this without a letter of designation from central / state / authorized level .... which they have to enforce.  Their powers need to be approved by the government under emergency or special conditions and conditions.  It is possible that the Bank will freeze the account to handle related matters such as fraud suspicion, theft of property, lawsuits, tax .... etc.  My country has no news on this issue!  Regardless, they need to have a press release or media release or from app, sms ...


They do not have the right to enforce property confiscation if it is completely legal and is not within the framework that the government and the law prohibit.