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Erste bank Austria has decided to blacklist a kraken IBAN

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by COINS NEWS 118 Views

Erste bank (george bank) in Austria has sent me the following message after I asked them why my transfers to the crypto exchange Kraken keep failing:

Unfortunately, we do not accept transfers to this IBAN, as there have been an increasing number of complaints in the past.

Thank you.

Best regards

Yet another attempt to protect their own interests by making investing in crypto just a tad bit more difficult. Crazy that this can happen in a seemingly free country such as Austria. I noticed that this happens more and more but unfortunately the amount of people that get affected by this financial censorship is too small to be interesting to the political sphere. Banks have a societal duty to provide payment gateways, and as long as my funds are being used for legal things they should not be able to decide for me whether i can or cannot transfer my money to a crypto exchange!

submitted by /u/Dimas16
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