Which Banks Accept Crypto? A Guide for 2025

As cryptocurrency continues to change the financial landscape, traditional banks are racing to catch up by offering crypto services to their customers. Finding the best crypto friendly banks doesn’t have to be a treasure hunt in 2025, more financial institutions are embracing digital assets than ever before.

Whether you’re a seasoned crypto investor or just starting to explore digital currencies, having a bank that supports your crypto activities can make your financial life easier and more secure. This guide will walk you through the best banking options for crypto enthusiasts in 2025.

What is Crypto Friendly Banking

Crypto friendly banking is the evolution of traditional banks as they adapt to the growing digital asset economy. These banks are the bridge between traditional finance and the cryptocurrency world, allowing users to manage both fiat and digital currencies under one roof. This is part of the broader trend towards digital banking which offers innovative financial solutions and seamless integration with cryptocurrency platforms.

In 2025, crypto friendly banking has gone from niche to mainstream, many institutions have realized digital assets are here to stay. According to recent industry data over 35% of traditional banks now offer some form of cryptocurrency services, up from 12% in 2022.

These financial institutions have built sophisticated platforms that integrate cryptocurrency transactions with traditional banking services. This integration allows customers to enjoy the benefits of both worlds without having to manage multiple accounts across different platforms.

What is Crypto Friendly Banking

A truly crypto friendly bank does more than just allow cryptocurrency transactions—it integrates digital assets into its core banking infrastructure. These institutions have built robust systems that allow customers to buy, sell and hold cryptocurrencies directly within their banking platform.

Crypto friendly banking involves several key components:

• Direct cryptocurrency purchases and sales: The ability to buy and sell crypto using your bank account without having to transfer funds to external exchanges.
• Cryptocurrency custody: Secure storage solutions for digital assets backed by the bank’s security infrastructure.
• Integrated account management: Viewing and managing both traditional and crypto assets in one dashboard.
• Crypto based financial products: Services like crypto backed loans, interest earning accounts for digital assets and crypto debit cards.
• Crypto powered banking services: Enhanced features like crypto backed loans and rewards for holding cryptocurrencies, making these banks more attractive for managing both fiat and digital assets.
• Regulatory compliance: Adherence to evolving regulations around digital assets to ensure legal compliance and customer protection.The best crypto friendly banks have dedicated teams that understand blockchain technology and cryptocurrency markets. This expertise allows them to advise customers while maintaining high standards of security and compliance.

Crypto Friendly Bank Pros

The benefits of banking with a crypto friendly institution go beyond just buying and selling digital assets. Crypto friendly bank pros include making it easier for newcomers to enter the cryptocurrency space, easier ways to cash out crypto and supporting businesses. These banks offer a range of benefits that make managing your cryptocurrency more convenient, secure and efficient.

Unified Financial Management

One of the biggest benefits is the ability to manage all your assets—both traditional and digital—in one place. This unified approach simplifies financial transactions between traditional banking and cryptocurrency exchanges. It eliminates the need to transfer funds between separate banking and crypto platforms, saving time and potentially reducing transaction fees.

With a crypto friendly bank you can:

• See your whole financial picture at a glance
• Set up automatic transfers between fiat and crypto accounts
• Track performance of all assets in one dashboard
• Generate comprehensive financial reports for tax purposes

Enhanced Security Measures

Crypto friendly banks typically offer institutional grade security for digital assets which may be more secure than self-custody or using smaller crypto exchanges. These security measures include:

• Multi-signature authentication for transactions
• Cold storage solutions for most digital assets
• Regular security audits and penetration testing
• Insurance coverage for digital assets (varies by institution)

And securing your crypto is crucial to protect your investments and to have seamless integration with traditional banking services.

For example many top crypto friendly banks now store over 95% of customer digital assets in offline, air-gapped storage systems that provide much higher security than typical online wallets.

Comprehensive Financial Services

Crypto friendly banks have expanded their offerings to include innovative financial services for digital assets:

• Crypto backed loans: Use your digital assets as collateral for loans in fiat currency
• Interest earning accounts: Earn yields on cryptocurrency holdings
• Crypto debit cards: Spend cryptocurrency directly from your account using a card that converts to fiat at point of sale
• Business banking solutions: Services for companies operating in the blockchain and crypto space
• Asset management: Comprehensive management of digital assets, including lending, borrowing and secure handling of cryptocurrencies and fiat, for individual and business clients

Crypto Friendly Bank Benefit

Crypto friendly financial institutions that combine traditional banking services with cryptocurrency offerings provide faster and cheaper transaction methods through blockchain technology compared to traditional banking systems that rely on costly and slow SWIFT transfers.

Crypto friendly banks offer tangible benefits that can make your financial life in the digital asset space much easier. These benefits address many of the challenges associated with cryptocurrency use.

Direct Trading

Instead of sending money to a third party exchange, crypto friendly banks allow you to buy digital currencies directly. While some banks don’t offer direct crypto trading, they provide functionalities that allow seamless integration with cryptocurrency exchanges. This integration simplifies the process and usually reduces the time it takes for transactions to complete.

Many top crypto friendly banks now offer real time trading with execution speeds similar to dedicated crypto exchanges. This eliminates the delays when transferring funds between traditional banks and crypto platforms.

Cost Effective Fee Structure

Crypto friendly banks often have more competitive fee structures than standalone crypto exchanges or traditional banks with limited crypto support. In 2025 many of these institutions have eliminated transfer fees between fiat and crypto accounts and reduced trading commissions. And understanding monthly fees is key as they can add up quickly especially for businesses looking to minimize operational costs.

For example several top crypto friendly banks now offer:

• Zero fee transactions between crypto and fiat accounts
• Lower trading fees (0.5-1% compared to 1.5-3% at many exchanges)
• No monthly maintenance fees for crypto accounts
• Competitive foreign exchange rates for international crypto transactions

Regulatory Protection

One of the big advantages of using established banks for crypto activities is the regulatory framework that protects customers. Many crypto friendly banks offer:

• FDIC insurance for fiat deposits (up to standard limits)
• Compliance with anti-money laundering (AML) and know-your-customer (KYC) regulations
• Transparent reporting for tax purposes
• Clear terms of service regarding digital asset custody

And regulated crypto exchanges provide a secure platform for transactions, so traditional banks like Chase can facilitate these transfers for institutional clients even if they don’t allow direct crypto trading on their own platforms.

While FDIC insurance doesn’t apply to cryptocurrency holdings, many banks have partnered with regulated custodians or obtained private insurance to cover digital assets.

Institutional Services

For businesses and high net worth individuals crypto friendly banks offer specialized services for larger scale crypto operations:

• Corporate accounts with multi-user access and customizable permissions
• Treasury management solutions for companies holding digital assets#### OTC Trading
• Large transaction desks
• Advanced API for automated trading and account management

Additionally, these banks offer services to institutional clients including instant payments through JPM Coin, digital asset custody and market research. They position themselves as trusted partners for institutional clients navigating the complexities of cryptocurrency, showcasing their expertise in compliance and risk management and tailored services for large and sophisticated investors.

Top Crypto Friendly Banks

In 2025 several banks stand out for their comprehensive crypto services and user friendly approach to digital assets. The involvement of these banks in the crypto space has impacted the broader financial sector and market expectations and ensured secure transactions and services. They have invested heavily in blockchain technology and cryptocurrency infrastructure to provide a seamless experience for their customers.

Revolut

Revolut has established itself as a leader in the crypto friendly banking space with one of the most comprehensive digital asset platforms among mainstream financial institutions.

Features:

• 30+ cryptocurrencies including Bitcoin, Ethereum, Solana and leading DeFi tokens
• Advanced security features including biometric authentication and whitelisted withdrawal addresses
• Competitive fee structure with premium account holders getting discounted rates
• Mobile app with real time price alerts and portfolio tracking
• Crypto rewards program with cashback in Bitcoin for eligible transactions
• Seamless crypto purchases with low fees to buy and sell digital currencies

Revolut’s crypto services are fully integrated with their traditional banking products so you can transfer between fiat and crypto accounts seamlessly. Their educational resources are also top notch with in-app tutorials and market analysis to help you make informed decisions.

Ally Bank

Once an online bank with competitive interest rates Ally Bank has become a major player in the crypto banking space.

Features:

• Partnership with established crypto custodians for institutional grade security
• Zero fee transfers between Ally accounts and crypto wallets
• Crypto advisory services for high net worth clients
• Interest bearing accounts for select cryptocurrencies
• Tax reporting tools for crypto transactions
• Cross border payments for instant and efficient transactions across different countries

Ally’s strength lies in their integration of crypto services with traditional banking products like checking accounts, savings and investment portfolios. This integration provides a seamless experience for customers looking to get into digital assets without managing multiple platforms.

Mercury

Mercury has positioned itself as the go-to crypto friendly bank for startups and tech companies with business banking solutions for the digital economy.

Features:

• Business focused crypto services with multi-user access control
• Treasury management tools for companies holding both fiat and digital assets
• API access for developers to build custom integrations
• Dedicated account representatives for crypto related businesses
• Competitive foreign exchange rates for international crypto transactions
• Unrestricted crypto purchases to easily access cryptocurrency transactions for startups and Web3 companies

Mercury’s platform is particularly valuable for Web3 startups, crypto projects and businesses accepting digital currency payments. Their understanding of the unique needs of crypto businesses sets them apart from more consumer focused banking options.

BBVA

BBVA has become a leader among traditional banks embracing cryptocurrency. Their approach combines the stability of a long established financial institution with forward thinking digital asset services.

Features:

• Regulated crypto custody solutions compliant with international banking standards
• Integration of cryptocurrency holdings into wealth management services
• Educational resources and advisors specializing in blockchain investments
• Enhanced security protocols designed for digital asset protection
• Support for both retail and institutional crypto clients
• Banking services to support crypto related transfers with quick transactions and seamless integration with accounting tools

BBVA’s gradual but comprehensive approach to crypto services has earned them trust among customers who value the security of an established banking relationship with modern digital asset capabilities.

Quontic Bank

As a digital first institution Quontic Bank has developed one of the most innovative approaches to crypto friendly banking in 2025.

Features:

• Bitcoin Rewards Checking account with BTC rewards instead of cashback
• Direct deposit conversion options to convert part of your paycheck to crypto
• Dedicated crypto tax specialist team to help with compliance
• Seamless integration with major crypto exchanges for expanded trading options
• Early access to new digital asset products through their innovation program
• Free ATM withdrawals for easy access to funds

Quontic’s approach shows how smaller, more agile banks can sometimes offer more innovative crypto services than their larger counterparts by focusing on specific customer needs and emerging trends.

Crypto Exchanges and Banking

Crypto exchanges and banking services are merging, allowing users to manage their digital assets and traditional currencies in one place. Crypto friendly banks are now offering direct links to popular crypto exchanges so users can buy, sell and hold cryptocurrencies with ease. This integration allows users to access a wide range of crypto services including trading, lending and borrowing all from within their bank account.

By integrating with crypto exchanges these banks provide a unified platform where users can manage both their fiat and digital assets. This seamless connection eliminates the need for multiple accounts and platforms, simplifying the process of managing multiple financial portfolios. Additionally it enhances security by reducing the need for multiple transfers between different platforms thereby minimizing the risk of fraud and errors.

Linking Crypto Exchanges to Bank Accounts

Linking crypto exchanges to bank accounts has become a standard feature offered by many crypto friendly banks. This allows users to fund their crypto exchange accounts directly from their bank accounts, eliminating intermediaries and reducing the risk of fraud. Many banks are now offering zero currency exchange fees making it even more convenient to buy and sell cryptocurrencies. For example Ally Bank and Chase Bank offer seamless integration with popular crypto exchanges so users can manage their crypto investments with ease.

This direct linkage not only simplifies the process of buying and selling cryptocurrencies but also enhances the overall user experience. Users can enjoy real time transfers, instant access to funds and reduced transaction costs. Moreover the integration supports advanced features like automated trading and portfolio management so users can optimize their crypto investments.

Business Accounts for Crypto

Business accounts for crypto are designed for businesses operating in the crypto space. These accounts offer advanced accounting automation, customizable user access and unlimited electronic transactions. Crypto friendly business accounts are ideal for businesses that need to manage large volumes of crypto transactions such as crypto exchanges, trading platforms and mining operations.

These specialized accounts provide businesses with the tools they need to manage their financial operations. Advanced accounting automation simplifies the process of tracking and reconciling transactions, customizable user access ensures only authorized personnel can access sensitive financial data and unlimited electronic transactions allows businesses to operate at scale without incurring excessive fees.

Bitcoin and Crypto Banking

Bitcoin and crypto banking services are gaining popularity as more and more people invest in digital assets. Crypto friendly banks are now offering a range of bitcoin and crypto banking services including direct crypto trading, crypto accounts and crypto-backed loans. These services are designed to provide users with a secure and convenient way to buy, sell and hold cryptocurrencies including bitcoin.

By offering direct crypto trading these banks eliminate the need for third party exchanges, users can trade cryptocurrencies directly from their bank accounts. Crypto accounts provide a secure storage solution for digital assets backed by the bank’s security infrastructure. Crypto-backed loans allow users to use their digital assets as collateral to get fiat currency, providing liquidity without having to sell their holdings.

Bitcoin Bank and Crypto Bank Options

Bitcoin bank and crypto bank options are available from a range of financial institutions including traditional banks and specialized crypto banks. These banks offer a range of features including secure crypto transactions, user friendly interfaces and competitive transaction fees. Many bitcoin and crypto banks also offer additional features such as FDIC insurance coverage, regulatory compliance and risk management. For example JPMorgan Chase offers a range of crypto friendly banking services including direct crypto trading and crypto accounts making it a popular choice among crypto enthusiasts. Similarly SBI Sumishin Net Bank offers a range of crypto friendly banking services including crypto accounts and crypto-backed loans making it ideal for businesses operating in the crypto space.

These banks provide a comprehensive suite of services to meet the needs of individual investors and businesses. Secure crypto transactions ensure the safety of digital assets, user friendly interfaces make it easy to manage accounts and conduct transactions. Competitive transaction fees and additional features such as FDIC insurance coverage and regulatory compliance provide added peace of mind making these banks a reliable choice for managing digital assets.

How to Choose the Right Crypto-Friendly Bank

Choosing the right bank for your crypto needs requires careful consideration of several key factors:

Security Measures

When evaluating crypto friendly banks security should be your top priority. Look for:

• Cold storage solutions for the majority of digital assets
• Multi-factor authentication requirements
• Regular security audits by reputable third parties
• Clear protocols for recovering assets in emergency situations
• Insurance coverage for digital assets (where available)
• Integration of JPM Coin to facilitate secure, instant cross-border payments for institutional clients

Supported Cryptocurrencies

Banks vary widely in the range of digital assets they support:* Some focus only on major cryptocurrencies like Bitcoin and Ethereum

• Others offer dozens of altcoins and tokens
• The most comprehensive banks support stablecoins, DeFi tokens and multiple fiat currencies alongside digital assets

Consider your current portfolio and future investment plans when evaluating a bank’s cryptocurrency offerings.

Fees

Pay attention to the fee structure as costs can vary:

• Trading fees (typically 0.5% to 2.5%)
• Deposit and withdrawal fees
• Currency conversion charges
• Monthly account maintenance fees
• Premium tier pricing for extra features
• No monthly fee for Lite accounts which can save UK businesses a lot of money for cost effective banking solutions

The most transparent banks provide clear fee schedules and calculators to help you understand the total cost of their services.

Regulation

Banking with a regulated institution provides important protections:

• Check the bank’s licensing and regulatory status in your jurisdiction
• Look for compliance with standard banking regulations and cryptocurrency specific rules
• See if they separate customer assets from operational funds
• Check if they have a process for responding to regulatory changes
• JP Morgan Chase known for its compliance expertise is an example of a bank that offers crypto friendly services while adhering to strict regulatory standards.

User Experience and Features

The quality of the user interface and features can make a big difference:

• Mobile app functionality and design
• Integration with accounting software and tax preparation tools
• Availability of extra services like crypto-backed loans
• Educational resources and market analysis
• Customer support for cryptocurrency issues
• A user friendly interface that makes cryptocurrency transactions simple and accessible for both beginners and experienced users, enhances the overall trading experience

Regulatory Considerations for Crypto Banking

The regulatory landscape for crypto banking is evolving in 2025. Understanding the current regulatory environment is key to making informed banking decisions.

Current Regulatory Framework

In most jurisdictions banks offering crypto services must comply with:

• Anti-Money Laundering (AML) regulations
• Know Your Customer (KYC) requirements
• Travel Rule for cryptocurrency transfers
• Capital reserve requirements for digital assets
• Consumer protection regulations

While regulations vary by country most crypto friendly banks now operate within established regulatory frameworks that provide more certainty than in previous years.

Tax

Banking with a crypto friendly institution can simplify tax compliance through:

• Detailed transaction reporting
• Year end tax statements for crypto activities* Tax preparation software integration
• Cost basis documentation
• Airdrop and fork support
• Interest bearing savings accounts with additional tax documentation

Many crypto friendly banks now offer dedicated tax resources to help customers navigate cryptocurrency taxation.

Crypto Banking Future

The relationship between traditional banking and cryptocurrency is changing fast. Looking ahead we can expect:

DeFi Services

Banks are starting to integrate DeFi protocols into their services:

• Yield farming through regulated banking interfaces
• DeFi lending platform integration
• Governance token custody
• Liquidity pool access
• No restrictions on buying crypto, making it easier for Web3 businesses to access DeFi platforms

This is a big convergence of centralised and decentralised finance.

Central Bank Digital Currencies (CBDCs)

As more countries launch CBDCs, crypto friendly banks are positioning themselves as the bridge between CBDCs and private cryptocurrencies:

• CBDC to crypto conversion
• CBDC compliance solutions
• Enhanced privacy while being compliant
• Cross border CBDC transactions
• Crypto powered banking services including crypto backed loans and rewards for holding cryptocurrencies, making it easier to manage both fiat and digital assets

Interoperability

The most innovative banks are building systems for greater interoperability:

• Cross chain transactions
• Layer 2 solution integration for lower fees
• Atomic swap for direct currency exchange
• Emerging blockchain network integration
• Crypto purchase for easy and cost effective access to digital currencies

Conclusion

The crypto friendly banking landscape has never been more options for individuals and businesses to integrate digital assets with traditional financial services. Whether you want security, convenience, low fees or specific cryptocurrency support, there’s a bank for you in 2025.

As cryptocurrency goes mainstream the number of banks accepting crypto will grow and there will be even more options to manage your digital assets alongside your traditional finances. The banks listed in this guide are the current leaders in bridging the two worlds of conventional banking and digital currency.When choosing a crypto friendly bank think about your specific needs, risk appetite and long term financial goals. Consider starting with a small allocation to test the services before moving big assets to a new bank. Most importantly stay up to date with the changing regulatory landscape so your chosen bank remains compliant.

By choosing the right crypto friendly bank you can simplify your finances, save money and be ready to take advantage of the convergence of traditional and decentralised finance.