FAQ ABOUT BANK OF AMERICA AND CRYPTOCURRENCY The Bank of America does not yet accept bitcoin nor any other cryptocurrency. However, they consider it as cash. The bank insists that the lawful use of bitcoin is permitted.
What bank is crypto friendly?
Cryptocurrency can be purchased with an Ally Bank debit card, bank transfer, or bank wire. Ally makes it easy to link your bank account to Coinbase to accomplish these transactions. Ally is probably the bank for you if you want a bank that both supports cryptocurrencies and yields a nice amount of interest.
Does Bank of America allow Coinbase?
However, the Bank of America is not the first to start to embrace cryptocurrencies , as JPMorgan Chase, the largest bank in the United States, has accepted crypto exchanges Gemini and Coinbase as banking clients. … Nevertheless, the bank will not carry-out any cryptocurrency-based transactions.