{"id":4250,"date":"2021-01-12T10:10:41","date_gmt":"2021-01-12T10:10:41","guid":{"rendered":"https:\/\/atozcrypto.org\/?p=4250"},"modified":"2021-01-12T10:10:41","modified_gmt":"2021-01-12T10:10:41","slug":"bitcoin-holders-barred-from-depositing-profits-in-uk-banks","status":"publish","type":"post","link":"https:\/\/atozcrypto.org\/bitcoin-holders-barred-from-depositing-profits-in-uk-banks\/","title":{"rendered":"Bitcoin holders barred from depositing profits in UK banks"},"content":{"rendered":"<p><a href=\"https:\/\/shop.ledger.com\/pages\/back-to-school?r=3ed9810a0800\"><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.ledgerwallet.com\/images\/promo\/banners\/ledger_banner_7-2-8x9-0.jpg\" alt=\"Back to school - Get 20% Off\" width=\"728\" height=\"90\" \/><\/a><\/p>\n<h2 class=\"css-4rbku5 css-901oao r-1khnkhu r-4h8ur4 r-adyw6z r-eaezby r-1mi0q7o\" dir=\"auto\" role=\"heading\" aria-level=\"2\" data-testid=\"standfirst\">HSBC will not process cryptocurrency payments<\/h2>\n<p class=\"responsiveweb__Paragraph-sc-1isfdlb-0 YieBL\">Bitcoin has surged to\u00a0<a class=\"linkweb__RespLink-yfb9n-0 brTsSA\" href=\"https:\/\/www.thetimes.co.uk\/article\/bitcoin-pushes-towards-40-000-mark-bdfhlt02q\">record highs<\/a>\u00a0this week but anyone who wants to take profits might struggle to cash in their gains.<\/p>\n<p class=\"responsiveweb__Paragraph-sc-1isfdlb-0 YieBL\">Some banks will not accept transfers from bitcoin exchanges. HSBC, one of the biggest banks in the country, does not process cryptocurrency payments or allow customers to bank money from digital wallets. While other leading banks will accept transfers from digital wallets to current accounts, many will not allow customers to use their credit cards to buy or sell bitcoin.<\/p>\n<p>When buying bitcoin or another cryptocurrency, you need to use an exchange such as Coin Corner or Coinbase to open an account. Once you have put funds into your account by making a bank transfer or using a debit or credit card, you<\/p>\n<p><a href=\"https:\/\/www.thetimes.co.uk\/article\/bitcoin-holders-barred-from-depositing-profits-in-uk-banks-pgswbfrdz\">View full &gt;&gt;&gt; The Times<\/a><\/p>\n<p><a href=\"https:\/\/shop.ledger.com\/pages\/back-to-school?r=3ed9810a0800\"><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.ledgerwallet.com\/images\/promo\/banners\/ledger_banner_7-2-8x9-0.jpg\" alt=\"Back to school - Get 20% Off\" width=\"728\" height=\"90\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HSBC will not process cryptocurrency payments Bitcoin has surged to\u00a0record highs\u00a0this week but anyone who wants to take profits might struggle to cash in their gains. Some banks will not accept transfers from bitcoin exchanges. HSBC, one of the biggest banks in the country, does not process cryptocurrency payments or allow customers to bank money &hellip;<\/p>\n","protected":false},"author":1,"featured_media":4251,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pgc_meta":"","_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[61,15],"tags":[],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin holders barred from depositing profits in UK banks - AtoZcrypto<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/atozcrypto.org\/bitcoin-holders-barred-from-depositing-profits-in-uk-banks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin holders barred from depositing profits in UK banks - AtoZcrypto\" \/>\n<meta property=\"og:description\" content=\"HSBC will not process cryptocurrency payments Bitcoin has surged to\u00a0record highs\u00a0this week but anyone who wants to take profits might struggle to cash in their gains. Some banks will not accept transfers from bitcoin exchanges. 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Some banks will not accept transfers from bitcoin exchanges. 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