US Bank will not wire money to Coinbase.
My bank (US Bank in Tucson Arizona) today refused to wire money to Coinbase. The wire transfer is to a domestic bank in New York. They took one look at the name on the account “Coinbase” and they refused. They stated that they will not wire money to any business that is involved with Bitcoin or any other cryptocurrency. They went on to say that Bitcoin was not a real currency. The teller was nice enough to call their main office to verify their policy and confirmed they will not wire money to a business associated with Bitcoin.
The irony is that in comparison to cryptocurrency, the bank that holds my money is an inferior service which limits my ability to make decisions on where I use my money and charges significant fees to perform an expeditious transaction.
Anyone else having similar issues with their bank? Which banks will perform transactions with Coinbase?