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Author: Admin | 2025-04-27
A haven for crypto investors, but it's now flatly declining transactions. This is a big change from its previous stance, and it's not clear if it will change back anytime soon.Starling Bank is a bit of a mixed bag - some users have had no issues with crypto-related transactions, while others have had their accounts frozen. The bank has said it doesn't have a policy preventing cryptocurrency transactions, but its international currency provider doesn't support buying crypto.Wells Fargo and HSBC Bank are also not friendly to Bitcoin transactions. In fact, Wells Fargo has said it doesn't allow transactions involving cryptocurrency at all. HSBC claimed to support crypto transactions in 2018, but it's now blocking them.Capital One Bank and Nordic Bank also don't support Bitcoin transactions, with Capital One not allowing credit card purchases and Nordic Bank forbidding all employees from investing in crypto.Here's a quick rundown of the banks that don't support Bitcoin transactions:Lloyds Bank (no credit card purchases, debit card purchases can be hit-or-miss)TSB Bank (flatly declining transactions)Starling Bank (mixed bag, some users have had issues)Wells Fargo (no transactions involving cryptocurrency allowed)HSBC Bank (blocking crypto transactions)Capital One Bank (no credit card purchases)Nordic Bank (forbidding employees from investing in crypto)Bitcoin and BanksCredit: youtube.com, Crypto VS. Banks - Shocking Truth About Banking SystemCurrently, no banks accept bitcoins or any cryptocurrency in its form, but they do trade and transact in government-backed fiat currencies only. Major banks like Wells Fargo, Bank of America, and Chase do not allow their customers to buy
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