Crypto Business Banking Overview
Choosing the right crypto business account depends on your operational needs:
- Crypto companies seeking banking services for client funds or daily operations.
- Traditional businesses looking to buy crypto via their business accounts.
Most banks restrict accounts for crypto firms handling client money, but select providers cater to this niche.
Top Crypto-Friendly Banks & Services
1. Signature Bank
- Location: New York
Key Features:
- FDIC-insured, serving stablecoin issuers.
- Signet® for real-time crypto transactions.
- $108B+ in deposits.
👉 Explore Signature Bank
2. Silvergate Bank
Features:
- Silvergate Exchange Network (SEN) for instant payments.
- Federal Reserve member.
- Best for: Crypto firms handling deposits/withdrawals.
3. Evolve Bank & Trust
- Services: Banking-as-a-Service (BaaS) for crypto startups.
- Specialties: Open Banking, SBA lending.
4. Revolut
- Global neo-bank with crypto trading via Coinbase integration.
- Best for: Non-crypto businesses buying crypto.
5. BCB Group
- Europe-focused, offering multi-currency accounts & digital asset wallets.
6. Siam Commercial Bank (SCB)
- Thailand-based, acquired Bitkub exchange.
7. DBS (Singapore)
- Restrictions: No accounts for crypto businesses.
- Perk: DBS Digital Exchange for institutional clients.
Specialized Solutions
Krayon
- Crypto treasury management with MPC security.
- Supports: 60+ blockchains, DeFi whitelisting.
👉 Discover Krayon
Merchant Providers
- Stripe: Fiat payments for crypto businesses.
- PayPal: Buy/sell BTC, ETH, LTC, BCH.
- Triple A: Crypto payment gateway for e-commerce.
Regional Recommendations
| Region | Best Option | Why? |
|---------------|----------------------|-----------------------------------|
| UK/Europe | Revolut | Seamless crypto-fiat integration.|
| USA | Silvergate | Leading crypto lender. |
| Singapore | Krayon | Secure multi-chain support. |
FAQ
Q: Can crypto businesses get FDIC insurance?
A: Only for fiat deposits (e.g., Signature Bank). Crypto assets are uninsured.
Q: Which bank is best for e-commerce crypto payments?
A: Triple A simplifies crypto-to-fiat conversions for merchants.
Q: Are there crypto-friendly banks in Thailand?
A: Yes—SCB via its Bitkub stake.
Q: Does Revolut support altcoins?
A: No—limited to major cryptos via Coinbase.
Updated for 2024 with enhanced security and regional options.