You can see that nation like El Salvador are making Bitcoin (BTC) as a legal tender.  On the other hand, some countries are entirely banning Bitcoin mining operations. In addition, credit card companies are starting a crackdown on Bitcoin and cryptocurrency purchases.  While cryptocurrencies are considered industry disruptors by some banks, some banks are exclusively interested in supporting the process of bridging the gap between the Cryptocurrency Exchanges and the Retail Buyers by offering services to help with Fiat to Cryptocurrency conversions.

Subject to policy decisions, the banks which have been previously providing crypto services might have changed or might change their stance of serving fiat to crypto services in the future.  The details below are just an indication to show how banks have been/ or are keen on providing crypto-related services. There might be changes in their crypto adoption policies, but this is just proof of the fact, for those who do not know, that crypto is already making it through the banks.

Some US-based banks permit Bitcoin purchases with credit cards: “Ally Bank, USAA, National Bank of Canada, Goldman Sachs, Revolut, Barclays, Simple Bank, Fidor Bank, Monaize, and Change Bank.”

Some of the Non-US banks permit Bitcoin purchases with credit cards:  “Fidor Bank, Change Bankera, Toronto-Dominion Bank (TDB), The Royal Bank of Canada, and The National Bank of Canada.”

Using credit cards to purchase cryptocurrencies is not a savvy investment decision. With regulatory clarity, several banks who were processing fiat to crypto transactions are not providing those services.

For instance, ICICI Bank, YES Bank, Paytm Payments Bank are some of the leading financial institutions that have cut ties with the crypto world in India.

Investors are looking to open an account with an offshore bank account, which will permit the buying.

The best Crypto-Friendly banks in the UK are Royal Bank of Scotland (RBS), Standard Chartered Bank, Nationwide, TSB Bank, Barclays, and NatWest.

In the UK, there are Challenger banks, which are retail banks that compete with major banks.  They try to tap the market potential of cryptocurrency investors by offering crypto-related services. Some of them are, Xace, Orinda, Cashaa, Revolut, Fidor, and BCB Group.

It is interesting to see that many Fortune 500 companies are moving closer to cryptocurrency adoption.

There are Bitcoin treasuries found on the balance sheets of private and publicly traded companies across the globe.  This is creating a Ripple Effect, and several companies are following suit.

The list of e-commerce websites accepting Bitcoin, Altcoins, and cryptocurrencies is becoming longer. Investors are now beginning to think beyond the rumors and threats.  Since the markets are far matured than before, retail investors are looking into insights from cryptocurrency influencers about the sustainability of cryptocurrencies. Now, it is all about how to invest smartly in cryptocurrencies.  The question of should I invest in cryptocurrencies is slowly disappearing.