discussion Why Banks Keep Blocking Cryptocurrency-Related Transactions

[Jhujhu 62]

We can avoid banks and all KC exchanges using one of the non-KC P2P exchanges and many have been added lately.  There are cryptocurrency users who have never done a KC and we don't need one either.  However, if you want to know about it, contact me.  Thanks

[Msh9 84]

Banks consider cryptocurrencies a threat to them and pose a great danger to the currencies of the state, because currencies lose their value due to the large number of work in these currencies and their circulation among the people and dispensing with banks.

[annayks 2314]

Banks are usually having to do scans and investigation on large transactions, and many in case they see deposits from cryptocurrency exchanges may block the funds and even the account of the owner. This is something that the governments may have instructed in doing so, as in some countries it is allowed but in others not. However we see some banks even in France or Italy block these transactions coming from regulated exchanges and this makes many questions why would there be such a treatment.

[basel23 1722]

Banks are afraid of their inability to control the cryptocurrency market, and cryptocurrencies may cause a collapse in the central currencies of governments, and through cryptocurrencies, transfers can be made without paying large fees, and this will people refrain from making transfers through banks