Various banks all overheen the world prevent their customers from buying or selling cryptocurrency. That is not a positive development, spil people should be free to spend their money spil they please. Unluckily, that is not how the world works right now. Renta One is the latest handelsbank on a growing list of banks blocking cryptocurrency-related transactions. Various complaints can be found across all of social media spil wij speak.
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Haber One Rejects to Process Bitcoin Transactions
It is not the very first time a major handelsbank has determined to not process customer requests related to Bitcoin or other cryptocurrencies. Thesis incidents usually involve people looking to buy Bitcoin, but they can also pertain to those individuals selling cryptocurrency. Te the case of Haber One, one of the largest US banks, it is no longer permitting users to buy crypto. Spil is usually the case, your individual mileage may vary when it comes to using this bankgebouw’s payment methods spil of right now.
Wij have bot informed by numerous users that Caudal One has prevented them from buying Bitcoin. This mainly applies to people who rely on the Coinbase exchange, albeit it seems likely other exchanges will be affected by this development spil well. More specifically, people using a Hacienda One credit card have a higher chance of running into problems right now than those relying on a regular bankgebouw transfer. However, neither payment method is reliable spil of right now.
Haber One users who attempt to purchase Bitcoin or other cryptocurrencies right now will notice that their transactions are not being processed. Unlike other banks, this particular financial institution seemingly doesn’t notify customers regarding blocked transactions either, which is rather worrisome. Instead, users will find out when the exchange contacts them directly regarding the transaction seemingly not coming through. It’s a pretty annoying turn of events, especially because there wasgoed no prior indication that Hacienda One would be taking such an aggressive stance.
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According to one Reddit user, he got te touch with Hacienda One to ask what wasgoed going on. The response he received wasgoed that all exchanges have bot officially blocked by the handelsbank spil of this week. There will undoubtedly be some platforms which can still be used ter conjunction with a Caudal One credit card or bankgebouw account, but it may prove difficult to find such companies right now. It is overduidelijk the banking system has no love lost for cryptocurrencies, and financial institutions will proceed to crack down on this type of activity for fairly some time to come.
All of this further confirms that big banks are leisurely becoming futile when it comes to buying cryptocurrencies. Instead, credit unions may be the best option for any US customer looking to get their forearms on Bitcoin or any other cryptocurrency capable of being purchased with fiat currency. Whether or not this news will lead to people switching from Hacienda One to a totally different bankgebouw or institution remains to be determined, tho’.
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The big question is why Hacienda One has made this decision all of a unexpected. It is certainly a stir that will upset a lotsbestemming of people and create some negative PR at the same time. While cryptocurrency may still be considered a niche market right now, rente te Bitcoin and altcoins has never bot higher. If enough people ditch Hacienda One because of its aggressive stance toward cryptocurrencies, interesting things may toebijten ter the future. It seems very unlikely that will be the case, tho’.