http://www.altcointoday.com/capital-one-refuses-let-customers-buy-cryptocurrency-exchange/
Well that's not good news.
Another entryway for new-crypto investors (yes, those people are still out there) has been taken away. After reading through this article, I've realized that CapitalOne shouldn't be the only financial institution under the spotlight.
Late last year, Paypal was seen closing accounts that dealt in crypto trading. Recently, large-bank account holders are seeing similar trends where their accounts are suddenly getting closed due to cryptocurrency trading activity, often times without warning. So be warned that unprocessed transactions are only the beginning!
There was so much talk before about how crypto-currency will replace fiat in the future. We are seeing a gate close on the opportunity to convert fiat to cryptocurrency, and I'm sure it's not going to stop there anytime soon.
Anyone have a list of banks that aren't picky about where you use your money?