Best Crypto Friendly Banks 2025: What You Need to Know

In this article, we will determine the best crypto-friendly banks around the world: what are their advantages and how to choose a bank for your business.

Defining Crypto-Friendly Banking

A crypto-friendly bank is a modern financial institution that allows you to accept cryptocurrency as payments in your business or provide friendly conditions for purchasing on crypto exchanges. Thus, we explore the pros and cons of crypto-friendly banks for business in the US, Europe, UK, Australia, Canada, and UAE. Crypto-friendly banks have an advanced control panel to manage your crypto wallets or legal terms to buy crypto on external platforms (crypto exchanges).

In addition, the reports of such banks are accepted as reports for tax authorities. A traditional bank is now evolving to integrate crypto services, helping to bridge the gap between digital assets and the traditional financial system. In Europe, the Markets in Crypto-Assets (MiCA) regulation sets guidelines around custody, capital requirements, and transparency for crypto-focused financial entities.



Cryptocurrency race in the global finance market continues, and traditional finance is experiencing the weight of competition from virtual coins. Various cryptocurrency instruments, most often related to investments, are being actively introduced in Asia and Europe, the United States, Australia, Canada and Brazil. The payment transactions sector is not lagging behind, as global corporations and companies are integrating many digital assets and innovative products into their operations in order to keep up with global trends.

The financial world is rapidly changing as digital money and crypto investments become more integrated into mainstream banking and payment systems.



Global market statistics for the year 2024, according to the crypto exchange CEX.IO, show the following figures:

• stablecoin supply increased by 59%, which amounted to 1% of the global USD supply;


• 70% of all transactions in stablecoins were conducted via bots, in particular, such transactions in Base and Solana networks accounted for 98%;


• the annual volume of payment transactions in stablecoins amounted to $27.6 trillion, thus exceeding the same indicator of fiat transfers in total for Visa and MasterCard payment systems by 7.68%;


• the share of revenue-generating stablecoins grew to 3% in the market structure, as a consequence, the market capitalization of tokenized treasury bonds grew by 414%;
  
  
  
  


• total annual trading volume of stablecoins reached nearly $26 trillion, and 79.7% of such transactions involved USDT.

2025 sets an active pace in the development of the regulatory framework for the regulation of the cryptocurrency market. In the European Union, MiCA (Markets in Crypto-assets) regulations are already in place to regulate the issuance of crypto-assets and the services provided through them. The main purpose of such a step is to create effective supervision with licensing and control of virtual coin issuers.

These regulations also have a significant impact on tax reporting for crypto transactions, making it easier for businesses and individuals to comply with tax obligations. It provides an impetus for a lot of companies that have already implemented cryptocurrency payments in their operations to simplify business operations and scale all payment transactions. Banks embracing MiCA must meet strict anti-money-laundering (AML) guidelines and capital adequacy rules. Crypto-friendly banks appeal to crypto enthusiasts by offering innovative digital money solutions that support seamless crypto transactions and management. In addition, in Switzerland, Argentina, Brazil and the United States, it is possible to pay taxes in cryptocurrency and receive salary payments in virtual coins.

Importance of Crypto Friendly Banks

Crypto friendly banks are becoming an essential part of the modern financial ecosystem, acting as a bridge between traditional banking and the rapidly evolving crypto world. By offering both conventional and advanced crypto services, these friendly banks empower individuals and businesses to manage their fiat and digital assets from a single, unified platform.

This seamless integration simplifies financial management, allowing users to move between traditional currencies and digital assets with ease. For instance, JPMorgan Chase uses JPM Coin for instant large payments between companies, backed by US dollars, showcasing how traditional banks are innovating in the crypto space.

The importance of crypto friendly banks lies in their commitment to providing secure, reliable, and compliant services for crypto transactions. With robust security measures and a strong focus on regulatory compliance, these banks help mitigate the risks often associated with digital currencies, such as fraud and market volatility. By supporting the adoption of digital assets and offering advanced crypto services, friendly banks are not only facilitating the growth of the crypto market but also encouraging broader acceptance of digital currencies in everyday financial operations. Ultimately, crypto friendly banks are paving the way for a more inclusive and innovative financial landscape.

Security Features of Crypto Friendly Banks

Security is a top priority for crypto friendly banks, as they are entrusted with safeguarding both traditional funds and digital assets. These friendly banks implement advanced security features such as multi-factor authentication, end-to-end encryption, and secure custody solutions to protect users’ assets and sensitive information. Secure custody is especially important for digital assets, ensuring that cryptocurrencies are stored in highly protected environments, often with insurance coverage for added peace of mind.

In addition to technical safeguards, crypto friendly banks adhere to strict anti-money laundering (AML) and know-your-customer (KYC) regulations. These compliance measures help prevent illicit activities and maintain the integrity of the financial system. Regular security audits and updates to protocols ensure that friendly banks stay ahead of emerging threats, providing customers with confidence in the safety of their funds. By combining cutting-edge technology with regulatory best practices, crypto friendly banks offer a secure environment for managing both fiat and digital assets.

Crypto-friendly banks for business

Crypto-friendly banks help you do business, especially if you plan to receive payments in cryptocurrency. Depending on the jurisdiction, you can choose the bank that best suits your business needs. Below we have prepared a map showing which countries are positive about cryptocurrencies. I recommend paying attention first of all to banks in the green zone.



Among the most popular crypto-friendly banks for business are: Mercury (USA), Revolut (UK), AMINA Bank (Switzerland). These banks are popular choices for a crypto startup because they offer specialized services and tailored services designed for businesses operating in the digital asset sector.

Best crypto friendly banks in USA

Below are the best bitcoin banks in the US.

Mercury

Mercury is one of the high-tech banks in the United States. It was founded in 2017 in San Francisco. Its main clients are considered to be startups from Silicon Valley. The bank's policy is flexible enough to open an account from anywhere in the world, even for non-residents of the country.

Mercury Bank does not allow storing cryptocurrency directly on its accounts, but it has a positive attitude towards Web3 startups, DAO and facilitates their activities. Mercury offers user friendly tools that simplify financial management for businesses operating in the crypto space.

Mercury allows you to easily transfer funds to top crypto exchanges to buy cryptocurrency. Therefore, it can be considered one of the best crypto-friendly banks in the US. Similarly, Juno is a crypto-focused banking platform with specialized accounts and dual-use debit cards, enabling seamless management of both fiat and digital assets.

Capital One Bank

Capital One Bank - is a financial institution in the United States offering a wide range of banking services including credit cards, current and savings accounts, auto loans, and corporate banking. It is a subsidiary of Capital One Financial Corporation, one of the largest bitcoin banks in the United States.



Capital One Bank Opportunities:

• online and mobile banking: offers a highly rated account management app.


• free checking and savings: cryptocurrency bank account has no minimum balance or fees.

Juno

Juno - is a digital banking platform that combines traditional banking services with cryptocurrency features. It offers high-yield current accounts that allow users to earn competitive interest rates on their deposits, and the bank also allows cryptocurrency purchases.



Juno provides a debit card that provides seamless transactions and offers rewards in the form of cashback at select retailers. Users can also buy, sell and store cryptocurrencies directly through the platform, making it easy to manage both fiat and digital assets. Juno enables users to manage both crypto and fiat assets within a single platform, and provides an integrated crypto wallet for buying, selling, and holding digital assets.

Anchorage Digital

Anchorage Digital Bank - is a federal digital asset bank that provides custody, trading, and other financial services for cryptocurrencies and digital assets. It was the first cryptocurrency company to receive a national banking charter from the U.S. Office of the Comptroller of the Currency (OCC) in January 2021, allowing it to operate as a regulated financial institution.

Unlike traditional banks, crypto banks like Anchorage focus exclusively on digital assets, offering specialized services and compliance frameworks tailored to the crypto ecosystem.



Anchorage Digital Bank Key Features:

• cryptocurrency custody: secure storage of digital assets for institutional clients.


• secure management of clients' crypto holdings: enables institutions to hold and manage cryptocurrencies alongside other assets.


• trading and brokerage: buying, selling and executing cryptocurrency transactions for institutional investors.


• staking and governance: allows institutions to participate in the staking and governance of certain blockchain networks.


• compliance and regulation: operates under strict regulatory oversight as a federal bank.


• robust risk management practices: implements advanced security, fraud prevention, and regulatory compliance measures to mitigate risks associated with digital asset operations.


• institutional clients: serves banks, hedge funds, asset managers, and corporations rather than retail clients.

Best crypto friendly banks in UK

Revolut

Revolut - is a digital banking service offering a range of financial products including multi-currency accounts, debit cards, share trading, cryptocurrency trading and budgeting tools, and also the bank accepts cryptocurrency deposits. It was originally founded in the UK in 2015 as a fintech startup, but has since expanded globally, obtaining banking licenses in several European countries.



Revolut features:

• multi-currency accounts: store and exchange several currencies at competitive exchange rates.


• debit cards: offers physical and virtual cards with spending control and cashback options.


• stock and cryptocurrency trading: allows users to invest in stocks, cryptocurrencies and commodities.


• banking license in Europe: in some countries Revolut operates as a full-fledged bank, providing deposit protection and lending services.


• instant transfers: peer-to-peer payments and international transfers with low fees.

Revolut offers in-app cryptocurrency trading, supporting over 30 cryptocurrencies with competitive exchange rates, making it a versatile platform for both traditional and digital financial needs. The bank enables users to access crypto investments, including indirect exposure to crypto ETFs through its platform and affiliated services. When considering Revolut for managing digital assets, users should review the platform's monthly fees to understand the cost structure.

Monzo

Monzo is one of the most popular neobanks registered in the UK. It is worth noting that Monzo does not directly support cryptocurrency transactions, but it can be useful for crypto businesses due to a number of key advantages. There are no built-in crypto wallets inside the personal account, but users can transfer funds to leading crypto exchanges such as Binance, Kraken, Coinbase, to buy cryptocurrencies (BTC, ETH, LTC, etc.).



Monzo can rightfully be called a crypto-friendly bank, albeit with limited functionality: it does not allow you to buy or exchange cryptocurrency directly within the platform. However, the bank is loyal to transactions with crypto exchanges, subject to AML/KYC compliance checks. Monzo supports crypto related transfers, which sets it apart from many traditional banks that often restrict or block such activities.

Monzo's strengths are its convenient system for managing business accounts in pounds sterling (GBP), an intuitive interface, and transparent rates without hidden fees. All this makes it an attractive tool for conducting financial activities. The bank is perfect for medium and large businesses working with clients and partners in the UK and who need a reliable current account with modern online banking.

Is Monzo crypto friendly?

Yes. Monzo is one of the leading crypto-friendly neobanks in the UK. It does not support storing cryptocurrencies, but it does offer transfers from a current account to major cryptocurrency exchanges to buy cryptocurrency.

Does Monzo accept bitcoin?

No. Monzo doesn't support Bitcoin or other digital assets. The bank provides the ability to buy cryptocurrencies on external licensed platforms such as Binance, Bitstamp, Kraken, Coinbase.

Ziglu

Ziglu - is a British financial technology company that provides digital banking and cryptocurrency services. It allowed users to buy, sell and store cryptocurrencies alongside traditional fiat currencies.

With Ziglu's integrated platform, users no longer need to worry about juggling multiple platforms when managing both fiat and cryptocurrencies.



Ziglu also offered features such as peer-to-peer payments and a Mastercard debit card that could be used to spend both cryptocurrency and fiat, also the bank allows cryptocurrency purchases.

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Best crypto friendly bank in Australia

Westpac

Westpac (Westpac Banking Corporation) - is one of the largest crypto-friendly banks in Australia and a member of the country's “big four” banks, along with Commonwealth Bank, ANZ and NAB. It was founded in 1817 as the Bank of New South Wales and then renamed Westpac in 1982.



The main services are personal and corporate banking, loans, asset management, corporate banking and insurance.

Westpac operates primarily in Australia and New Zealand, with some international operations. It provides a range of financial products including mortgages, credit cards, savings accounts and investment services, and a cryptocurrency bank account. It caters to both retail and corporate customers and focuses on digital banking and customer service.

Commonwealth Bank

Commonwealth Bank of Australia (CBA) — is one of Australia's largest banks, providing a wide range of financial services including retail and commercial banking, asset management, insurance and investment services. It was founded in 1911 and is headquartered in Sydney, Australia.



CBA operates both domestically and internationally with branches in countries such as New Zealand, UK, USA and Asia. It is known for its digital banking services, including the popular CommBank app, and has a strong presence in the Australian financial market.

Best crypto friendly banks in Canada

TD Canada Trust

TD Canada Trust - is a division of Toronto-Dominion Bank (TD Bank), one of Canada's largest banks, serving individuals and small businesses. It provides a wide range of financial services, including:

• bank accounts (current, savings);


• credit cards;


• loans and mortgages;


• investments and asset management;


• business banking;


• online and mobile banking;


• bank accepts bitcoin.

TD Bank is one of the Big Five banks in Canada and has a strong presence in both Canada and the United States. It is headquartered in Toronto, Ontario.

Imperial Bank of Commerce

Imperial Bank of Commerce (IBC) was Canadian financial institution that eventually merged with Commerce Bank of Canada to form  CIBC (Canadian Imperial Bank of Commerce). The merger occurred in 1961, creating one of Canada's largest banks.



CIBC is one of the Big Five banks in Canada today, offering a wide range of financial services such as personal banking, business banking, asset management and investment solutions, the bank accepts cryptocurrency deposits. It is headquartered in Toronto, Ontario.

Best crypto friendly banks in UAE

RAKBANK

RAKBANK (Ras Al Khaimah National Bank) is a well-known bank based in the United Arab Emirates (UAE), specifically in the Emirate of Ras Al Khaimah. Established in 1976, it offers a wide range of banking products and services to individuals, businesses and corporate clients.



These include personal banking, loans, credit cards, insurance and investment solutions. RAKBANK has expanded its presence across the UAE and is known for its customer-centric services and digital banking solutions, the bank accepts cryptocurrency.

Mashreq Bank

Mashreq Bank —  is one of the leading financial institutions in the United Arab Emirates (UAE). Established in 1967, it is headquartered in Dubai and offers a wide range of banking services including personal banking, corporate banking, investment banking and asset management.



Mashreq is known for its innovative digital banking solutions and has a strong presence in the Middle East, North Africa and several international markets. The bank is known for its commitment to customer service and financial technology.

Emirates NBD

Emirates NBD — is the leading banking group in the UAE. It is Emirates National Bank of Dubai and one of the largest banks in the Middle East. The bank offers a range of financial products and services including retail banking, corporate banking, investment banking and asset management.



Emirates NBD also operates in various international markets, particularly in the Middle East, North Africa and Asia. It is known for its advanced digital banking services and strong presence in the UAE financial sector.

Best crypto friendly banks Europe

Wirex

Wirex is a fintech company offering banking services specifically adapted for crypto business. The platform provides multi-currency accounts for storing funds in USD, EUR, GBP, as well as wallets for storing leading cryptocurrencies such as BTC, ETH, USDT, LTC, XRP, ADA and others. This allows you to conveniently conduct business and exchange cryptocurrency for fiat right within one ecosystem, without the need to contact third-party services.



Wirex offers a flexible system for: currency exchange, sending and receiving transfers, buying and selling cryptocurrencies. In addition, users can open classic accounts with SWIFT and SEPA support, which makes it possible to accept payments from different countries, especially from the EU.

A pleasant bonus is cashback up to 2% in cryptocurrency for each transaction using the Wirex card. Despite the fact that the company is based in Italy, it has licenses regulating activities in Europe and the UK, which ensures transparency and compliance with legal requirements. Wirex is also exploring the integration of tokenized real world assets to further expand investment opportunities for its users.

I think Wirex is one of the most modern and convenient financial platforms for small and medium-sized businesses operating in the digital asset sector in Europe.

Bankera

Bankera is a leading fintech company in Europe, operating under a license from the Central Bank of Lithuania. The platform is focused on providing banking services for crypto businesses and companies closely related to the digital asset industry. The peculiarity of Bankera is that it does not store cryptocurrency directly. For this, a licensed partner is used - SpectroCoin, where you can transfer funds from a corporate account, and then buy or exchange cryptocurrency (BTC, ETH and others).



Bankera offers a convenient system for managing corporate multi-currency accounts, supports international transfers via SEPA and SWIFT, and ensures compatibility with leading crypto platforms. The bank is especially well suited for accepting fiat payments and then exchanging them for crypto via SpectroCoin, which makes it an ideal choice for businesses operating at the intersection of fiat and blockchain technologies. This is why Bankera can be considered one of the most crypto-friendly fintech banks in Europe.

Bank Frick (Liechtenstein)

Bank Frick — is a private bank based in Liechtenstein, known for providing a wide range of financial services including asset management, corporate banking and wealth management.



The bank is particularly notable for its focus on cryptocurrency and blockchain services, offering solutions for clients involved in investing in digital assets. Bank Frick provides services to both individual and institutional clients, with a focus on innovation in the financial sector, the bank accepts provides secure custody of digital assets and access for institutional clients, ensuring a high level of security and compliance in its operations.

AMINA Bank (Switzerland)

AMINA Bank — is Swiss financial institution that provides a range of banking services, including cryptocurrency and digital asset management. It offers traditional banking services such as savings and loans, but has a strong focus on integrating digital assets such as cryptocurrencies into its offerings.



AMINA Bank provides services to both individual and institutional clients in an effort to bridge the gap between traditional banking and the emerging digital asset sector. It is licensed by the Swiss Financial Market Supervisory Authority (FINMA), which ensures it operates within regulatory standards, the bank accepts cryptocurrency.

Bank Syz (Switzerland)

Bank Syz —  is Swiss private bank offering wealth management, asset management and private banking services. It was founded in 1996 and is based in Zurich, Switzerland. Bank Syz provides services to high net worth individuals, families and institutions, helping clients manage their assets and investments.



The bank focuses on providing personalized financial advice, investment strategies and wealth planning, with an emphasis on privacy and client relationships.

Solarisbank (Germany)

Solarisbank — is German fintech company that provides banking-as-a-service solutions. It allows companies to integrate banking products and services into their own offerings without the need for a banking license.

Unlike traditional banks, Solarisbank primarily serves fintech companies and crypto exchanges, rather than retail customers directly.



Solarisbank offers services such as digital bank accounts, payment processing, lending and more, allowing companies to create customized financial products for their customers. It operates as a fully licensed bank with regulatory oversight from German financial authorities and is listed as a crypto-friendly bank.

Crypto Friendly Banks and Crypto Exchanges

One of the standout features of crypto friendly banks is their close collaboration with regulated crypto exchanges. These partnerships allow users to access a wide range of crypto services directly from their bank accounts, including buying, selling, and holding digital assets. By integrating with crypto exchanges, friendly banks eliminate the need for customers to juggle multiple platforms, streamlining the process of managing both fiat and cryptocurrencies.

Through these collaborations, friendly banks can offer direct crypto trading, secure storage solutions, and competitive exchange rates, making it easier for users to participate in the crypto markets. This integration also supports cross-border transactions, enabling individuals and businesses to engage in global trade and investment with greater efficiency. By working with regulated crypto exchanges, crypto friendly banks ensure that all transactions are secure, transparent, and compliant with financial regulations, further enhancing trust and convenience for their customers.

How Crypto Friendly Banks Work with Crypto Exchanges

Crypto friendly banks and crypto exchanges work hand-in-hand to deliver a seamless and user-friendly experience for anyone looking to manage digital assets. When a customer initiates a crypto transaction, the friendly bank facilitates the transfer of funds to or from the user’s account, while the crypto exchange executes the actual trade. This process allows users to buy or sell digital assets without leaving the bank’s platform.

By leveraging the expertise of crypto exchanges, friendly banks can offer advanced crypto services such as real-time price quotes, in-depth market analysis, and portfolio management tools. This collaboration ensures that customers benefit from the latest innovations in crypto trading while enjoying the security and reliability of a regulated financial institution. The result is a comprehensive banking experience that supports both traditional and digital financial needs.

What do you need to know before choosing a crypto bank?

Given the above, selecting a crypto-friendly bank should be based on several key criteria. One of the most important is the list of supported cryptocurrencies and the ability to integrate with major crypto exchanges.

Institutions like Customers Bank, Evolve Bank, and Ally Bank are notable for their innovative approaches to crypto banking, offering specialized services, API-driven infrastructure, and reliable access to crypto markets. For example, Evolve Bank & Trust offers API-based integrations for crypto businesses, enabling seamless operations and enhanced functionality. Below are additional factors that are especially important when opening a bank account as a business owner.

Crypto friendly banks matter because they bridge the gap between traditional finance and the digital asset economy.

1. Banking Services

Pay attention to the range of services the bank offers:

• In which currencies can you open an account?


• Does the bank offer overdraft facilities?


• Are there any benefits when transferring funds to a savings account?

The broader the range of available services, the more flexibility and convenience for your business. Identify which features are essential to you and choose a crypto-friendly bank that best meets those needs. For example, Amina Bank offers an extended range of services: deposit, staking, trading, lending and overdraft.

2. Interest Rates

Bank interest rates are a crucial factor that directly impacts the cost of banking services:

• What are the interest rates on credit and savings products?


• Does the bank compensate for low international transfer fees by charging high interest on borrowed funds?

Make sure to obtain up-to-date information and confirm that all terms are clearly stated before signing any agreements.

3. Transfer Fees

Frequent transfers — especially international ones — can result in significant costs:

• What is the fee for domestic transfers within the U.S.?


• What are the fees for international transfers?

Some banks offer favorable conditions for domestic transactions but impose high fees for cross-border transfers. For example, Revolut's commission for international payments in USD is 0.15%.

4. Overdraft Fees

In cases of temporary cash flow gaps, an overdraft can be a critical feature. You should find out:

• Does the bank offer an overdraft option?


• What is the current fee or interest rate for using it?

This is especially important for businesses that may experience unpredictable fluctuations in revenue. Mercury Bank has an interesting offer. They have an overdraft option with zero commission. At least this is indicated on their website.

5. Branch Availability

For crypto startups, having a physical branch might seem unnecessary, especially if all operations are conducted online. However, if you're dealing with large volumes of capital, a physical presence can be valuable for resolving urgent issues — for example, if your account is suddenly frozen.

6. Reputation and Reviews

Before choosing a bank, always check customer reviews. Start with the bank’s Google Business profile, then explore trusted independent review platforms.
For example, you can check reviews of Mercury Bank.

But remember, no matter how good the conditions were, always communicate with people, with bank representatives. After all, it is the human approach that will allow you to enjoy the service and effectively solve possible problems. Financial advisor Stokes Retirement Group Limited Nolan Stokes said well: