Which Are The Best Canadian Crypto-Friendly Banks?

Here are some Canadian banks that have shown support for cryptocurrency-related activities:

1. VersaBank: It has actively embraced cryptocurrency and blockchain technology. It offers a digital vault service for storing cryptocurrencies and provides loans for cryptocurrency-related businesses.
2. Royal Bank of Canada (RBC): RBC has shown openness to cryptocurrencies by exploring blockchain technology and filing multiple blockchain-related patents. However, its policies regarding cryptocurrency transactions may vary.
3. National Bank of Canada: The National Bank of Canada has demonstrated interest in blockchain technology and has conducted trials using blockchain for debt issuance. While its stance on cryptocurrency transactions may vary, it has shown a positive attitude towards blockchain.
4. Bank of Montreal (BMO): BMO has expressed support for blockchain technology and has been involved in various blockchain projects. However, its policies regarding cryptocurrency transactions may vary.
5. Canadian Imperial Bank of Commerce (CIBC): CIBC has shown interest in blockchain technology and has partnered with blockchain companies for various initiatives. However, its policies regarding cryptocurrency transactions may vary.

It’s important to note that each bank’s stance on cryptocurrencies and related activities may evolve over time, and specific policies can vary among branches or regions.

It’s recommended to contact the banks directly or visit their websites for the most up-to-date information on their cryptocurrency-related services and policies.