Don’t deposit crypto-related money to UK banks

The British HSBC banking conglomerate doesn’t allow local customers to deposit money from crypto-related sources. This is a very hot topic right now, because we are much higher levels in prices than the previously bitcoin ATH, and traders may want to take profits. They also would like to use and spend their money.

Fortunately, there are many crypto companies, which issue their own debit cards, with Visa or Mastercard. Additionally, more European banks offer accounts for UK citizens too. Hardcore bitcoiners think Bitcoin will replace banks in the future, by making them obsolete. HSBC seems to work hard to accelerate the process.