5 Best Crypto-Friendly Banks in the US: New Regulations?
Finding the best crypto-friendly banks in the US can still be frustrating in 2025. Some banks freeze your account for sending money to Coinbase. Others delay transactions, limit transfers, or quietly block anything crypto-related.
Even though crypto has gone mainstream, reliable banking is still a pain point. If you’re a crypto investor, Web3 founder, or fintech-savvy user, you’ve probably hit a wall trying to move money between your bank and crypto platforms.
For years, most banks either ignored crypto or treated it like a threat. But that’s starting to change. Thanks to new federal rules and clearer guidance, more banks are stepping up—offering better support for crypto payments, custody, and integrations.
Now, a cryptocurrency-friendly bank doesn’t mean it’s running a crypto exchange. It just means they won’t treat your activity like a red flag. You get smooth transfers, transparent policies, and real support.
In this guide, we’ll break down the top crypto banking solutions available in the US. Whether you’re looking for simple exchange access or full-service support for your crypto business, these banks are leading the way.
The Regulatory State of Crypto-Friendly Banks in the US in 2025
If you’ve been in crypto for a while, you know that U.S. banks and crypto haven’t exactly been best friends.
Back in 2022 and 2023, the Federal Reserve, FDIC, and OCC made it tough for banks to touch anything related to digital assets. They released joint statements warning banks to tread carefully. Some banks had to notify regulators or get pre-approval just to partner with a crypto exchange or offer custody services. That scared most of them off.
This cautious approach came after major collapses like FTX and Terra. Regulators wanted to manage risk, but in doing so, they basically told banks: “Don’t go near crypto unless you want trouble.” That left many crypto users and businesses scrambling for reliable banking options.
Fast forward to 2025, and things look very different.
In January, the Trump administration issued Executive Order 14178. It banned a U.S. central bank digital currency (CBDC), reversed previous anti-crypto policies, and launched a new federal working group to support clearer crypto banking rules.
At the same time, the FDIC, OCC, and Federal Reserve dropped their earlier guidance. Banks no longer need advance approval to offer crypto-related services.
Now? Cryptocurrency-friendly banks in the US have far more freedom. They can hold crypto for customers, work with stablecoin issuers, and support blockchain transactions—all without jumping through regulatory hoops.
This shift marks a turning point. Instead of treating crypto like a threat, U.S. regulators are starting to treat it like a growing part of the financial system. The door is finally open for more robust crypto banking solutions and digital asset banking across the country.
Must-Haves for the Best Crypto-Friendly Banks in the US:
Let’s be real, crypto-friendly banks aren’t perfect. This space is still maturing, and banks are catching up. But if you know what to look for, you can find solid options that support your crypto needs without unnecessary friction.
1. Integration With Major Crypto Exchanges
First, make sure the bank plays nice with major exchanges. If they block transfers to Coinbase or Kraken, that’s a red flag. The best crypto-friendly banks in the US let you send and receive funds from top platforms without freezing your account or causing delays. Smooth ACH and wire transfers should be the baseline.
2. Crypto Custody and Wallet Services
Next, check if they offer crypto custody. While most digital asset banking custody services are geared toward institutions, some banks now partner with third-party custodians. This is important if you manage large balances or run a crypto business. Retail-friendly custody is growing but still limited.
3. Transparency on Fees and Transaction Limits
Fees can eat into your balance if you’re not careful. Look out for surprise charges on wires, ACH transfers, or crypto-related services. Good crypto banking solutions will be upfront about limits, fees, and any restrictions. No one likes reading the fine print—but in this case, it’s worth it.
4. Security and Insurance Coverage
Security should be non-negotiable. Look for basics like 2FA, encryption, and fraud detection. And remember, your fiat deposits should be FDIC-insured.
Your crypto? Not so much. If the bank offers custody, ask about third-party insurance.
5. Compliance With KYC and AML Rules
Finally, expect KYC and AML compliance. Any cryptocurrency-friendly bank in the US will ask for ID and monitor transactions. That’s not a bug—it’s a sign they’re serious about playing by the rules.
Bottom line: No bank will offer everything yet. Some focus on exchange access, others on custody or payments. The right one depends on how deep you are in crypto and what matters most to you.
Here are the X Best Crypto-Friendly Banks in the US
With the regulatory thaw in 2025, more banks are warming up to crypto. But not all are moving at the same pace—or offering the same level of service. Some focus on institutional clients. Others are more startup-friendly or cater to retail users looking for smooth fiat-to-crypto access.
Here’s a breakdown of five banks leading the charge in crypto-friendly services right now.
JPMorgan Chase
JPMorgan Chase—America’s biggest bank—was once anti-crypto. CEO Jamie Dimon called Bitcoin “a fraud” in 2017. But in 2025, it’s become one of the top crypto-friendly banks in the US, especially for big institutions.
Its blockchain division, now called Kinexys (previously Onyx), helps move money faster across borders and tokenize real-world assets. The platform already processes over $2 billion daily, showing how serious JPMorgan is about using blockchain in real finance.
Then there’s JPM Coin—a digital token backed by US dollars in the bank. It’s used by companies to settle large payments instantly. In 2024, JPMorgan even expanded it to support euro payments. It’s not just for internal use anymore; it’s been integrated with external platforms too, which makes it even more useful for global businesses.
Retail users won’t find crypto features in their Chase accounts yet—no buying Bitcoin or using JPM Coin. That could change though. The bank plans to launch crypto custody services in 2026, including cold storage, multi-signature wallets, and insurance. But that’s not verified by the company itself. It’s more of a rumour than an announcement.
JPMorgan is also investing in Bitcoin and Ethereum ETFs. So while it’s not a retail crypto bank (yet), it’s laying the foundation. For businesses and Web3 projects looking for serious crypto banking solutions, JPMorgan is a solid option.
Customers Bank
Customers Bank may not be a household name, but it’s one of the most active crypto-friendly banks in the US, especially for businesses that need fast, around-the-clock payments.
Its standout feature is CBIT (Customers Bank Instant Token), a blockchain-powered payment system built with Tassat. CBIT lets businesses like crypto exchanges, OTC desks, and market makers send money instantly, 24/7, 365 days a year. No delays, no fees, and no waiting for bank hours. For companies that move fast, this kind of crypto banking solution is a game-changer.
CBIT is already integrated with big players like Kraken and Gemini, allowing seamless transfers for shared clients. That makes Customers Bank a solid pick for digital asset businesses that rely on quick settlements.
But there’s a tradeoff. In 2024, the Federal Reserve flagged the bank for weak AML controls and tightened its oversight. Now, the bank must get approval before launching new crypto services and has capped CBIT-related deposits at 15%. It’s a sign the bank is balancing innovation with caution.
Bottom line: Customers Bank isn’t for retail users or casual crypto investors. But if you’re running a Web3 startup or managing high-volume trades, its real-time digital asset banking tools make it worth a look.
Evolve Bank & Trust
Evolve Bank & Trust has mostly stayed behind the scenes, but it’s played a key role in powering fintech platforms, some of which serve crypto users. Through its Banking-as-a-Service (BaaS) model, Evolve provides banking infrastructure to apps that offer wallets, cards, and other tools tied to crypto.
It made headlines in 2021 when it partnered with Mastercard to test stablecoin-based settlements for card transactions. This put Evolve among the early banks exploring digital asset banking use cases in everyday payments. But it’s important to note: Evolve doesn’t offer crypto custody, trading, or lending. It doesn’t hold crypto itself. Its role is more indirect, serving as the middleman that helps fintechs operate.
That middleman role, however, comes with risk. In 2024, the Federal Reserve issued an enforcement action over AML and risk management gaps. Then came the collapse of Synapse, a middleware partner. The fallout exposed weaknesses in Evolve’s oversight, leading to lawsuits and the loss of key fintech partners like Mercury and Dave.
So, is Evolve one of the best crypto-friendly banks in the US? Not exactly. It supports crypto-adjacent services but steers clear of direct exposure. For users seeking true crypto banking solutions, there are more stable and transparent options out there.
Mercury
Mercury isn’t a bank itself, but for crypto startups, it feels like one. It partners with FDIC-insured banks like Choice Financial, Column N.A., and Patriot Bank to offer banking services built for fast-moving companies in crypto, Web3, and DeFi.
What makes Mercury one of the best crypto-friendly banks in the US is how smoothly it handles payments to and from major crypto exchanges. It’s one of the few banks compatible with Coinbase and Gemini. That alone makes it a favorite among founders who’ve dealt with traditional banks flagging every other transaction.
Beyond that, Mercury gives you everything you’d expect from a modern banking platform—ACH and wire transfers, bill pay, expense tracking, and even accounting tools—all in one place. You don’t need five different apps to manage your money. And it’s all secured with 2FA and encryption.
In 2025, Mercury cut ties with Evolve Bank (which we mentioned previously) after compliance issues and doubled down on working with more stable partners. That shift showed it’s serious about safety and long-term trust, especially important in the world of crypto-friendly financial institutions.
If you’re building in crypto or Web3 and want a no-hassle banking partner that actually understands the space, Mercury is one of the most reliable crypto banking solutions out there.
Ally Bank
Ally Bank takes a more cautious but user-friendly approach to crypto. It doesn’t offer direct crypto trading or custody, but it still earns a spot among the top crypto-friendly banks in the US, especially for people who want exposure to crypto without diving all the way in.
Through Ally Invest, users can’t buy Bitcoin or Ethereum directly, but they can invest in crypto-related products like GBTC, BITO, or even stocks in companies like Coinbase and PayPal. It’s a simple way to get a feel for the crypto market using familiar tools.
Even though Ally doesn’t support direct crypto buying, it works well with top exchanges. Ally is among the banks compatible with Coinbase and allows fund purchases using your debit or credit card. That means you can move money easily between your bank and crypto platforms.
Ally also shines in the basics: no monthly fees, strong savings interest rates, 24/7 customer support, and a clean digital experience. It’s a good everyday bank that also happens to support crypto banking solutions at a basic level.
If you’re crypto-curious but not ready to self-custody coins or deal with wallets, Ally is a solid middle ground. It’s not built for hardcore traders, but it’s perfect for dipping your toes in.
FAQs
Do US banks accept cryptocurrency?
Yes, some U.S. banks now support crypto-related activities—but it depends on the bank. In 2025, new federal rules made it easier for banks to offer services like stablecoin payments or crypto custody, as long as they follow proper risk controls.
Big names like JPMorgan and Bank of America are exploring crypto banking solutions, but most still don’t let regular users buy or store crypto directly.
If you’re looking for cryptocurrency-friendly banks, it’s best to check each bank’s policy before signing up.
What are the safest crypto-friendly banks in the US?
There’s no one-size-fits-all answer, but some of the safest crypto-friendly banks in the US include JPMorgan Chase (for institutional services and custody), Ally Bank (for smooth transfers and crypto-related ETFs), and Anchorage Digital, a federally chartered crypto bank focused on secure custody.
What is the most crypto-friendly bank in the world?
There’s no single “most crypto-friendly bank” in the world, but a few stand out.
Revolut (UK) offers in-app crypto trading to users in 50+ countries.
Bank Frick (Liechtenstein) provides crypto custody and trading for individuals and businesses.
DBS Bank (Singapore) runs a digital asset exchange for institutions.
In the U.S., Ally Bank allows smooth transfers to major crypto exchanges.
Each of these crypto-friendly banks offers different features, so the best one for you depends on where you live and how you use crypto.
Does Revolut work in the USA?
Yes, Revolut—a fintech company from London—does work in the U.S., but with limits. As of early 2025, it’s not accepting new U.S. sign-ups while switching partner banks. Existing users can still use features like multi-currency accounts, global debit cards, and savings tools.
However, crypto banking services in the U.S. are restricted. Unlike in Europe, U.S. customers have limited crypto trading access and can’t link Revolut to external exchanges. So while it’s a solid pick for international spending, it’s not the most cryptocurrency-friendly bank in the U.S. if you’re focused on crypto.