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Another US bank stops customers from purchasing Bitcoin

Another United States bank, the Regions Financial Corporation, made it abundantly clear that it no longer allows its customers to purchase cryptocurencies.
Another US bank stops customers from purchasing Bitcoin
The Regions Financial Corporation, a bank and financial services company headquartered in the Regions Center in Birmingham, Alabama, specified in its 2018 bank deposit agreement that it is the bank's reserved right to return or decline to pay for items related to decentralized, non-fiat virtual currencies, cryptocurrency or another digital currency or money that relies on distributed ledger or blockchain technology.
The Alabama-based bank joins a rather long list of other banking corporations in the US, which includes JP Morgan, Citigroup, Bank of America, Discover and Capital One, to name a few.
While the Bank of America still allows debit card users to purchase cryptocurrencies, Regions Bank went ahead to block all its customers from accessing cryptocurrency markets.
Even though it is understandable that banks block crypto purchases made with credit cards, the same can not be said when a customer who is merely using the banking service for storing his own money, cannot withdraw his own funds to invest in crypto assets.
Of course the customer does have the choice of rejecting the banking service altogether and switch to another more crypto-friendly bank.
A sound suggestion, that the Regions Financial Corporation customers might want to consider.



[uncensored-r/CryptoCurrency] Goodbye to my Bank who will not let me purchase Crypto - You should all do the same!

The following post by wyattayars is being replicated because some comments within the post(but not the post itself) have been openly removed.
The original post can be found(in censored form) at this link:
np.reddit.com/r/ CryptoCurrency/comments/7vii2z
The original post's content was as follows:

Hey All, today for the first time Bank Of America blocked all transactions of mine for both credit and debit (and ACH) to - Bitstamp, Coinbase, and Abra (yes, an awful app). I called them and they said they do not allow purchases of other "currencies" and are starting to monitor.
So what did I do?
I called them and told them I was liquidating my entire account and to close everything out including my credit card ad I let them know why. I encourage everyone to do the same as they begin to block us more and more and let them know why. Banks are intended to hold our money not decide where and when we spend it.
That being said... anyone know a good bank that accepts Crypto purchases?

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