Altcoins Talks - Cryptocurrency Forum
Further Discussions => Banks & Cryptos => Topic started by: Riya143 on July 12, 2020, 05:42:35 PM
-
The close interaction between traditional finance and regulators is the key element in the development of the cryptocurrency industry.
The COVID-19 crisis has brought many new users to the world of cryptocurrencies. One of the main concerns for users, however, is whether their bank cards may be blocked due to the purchase of a cryptocurrency, or when withdrawing funds from a crypto account. Can this risk be prevented?
Since the COVID-19 outbreak and people’s subsequent desire to protect their savings, interest in cryptocurrency has continued to grow. A June 2020 survey conducted by The Tokenist found that 45% of respondents from 17 countries now prefer to invest in Bitcoin (BTC) rather than stocks, real estate or gold. For comparison’s sake, only 13% gave such an answer back in 2017.
Read more: https://cointelegraph.com/news/why-banks-keep-blocking-cryptocurrency-related-transactions