A comprehensive list of crypto-friendly banks and EMIs

Despite J.P. Morgan recently onboarding Coinbase and Gemini, the large mainstream banks remain reluctant to provide banking to cryptocurrency businesses as the compliance costs and reputation risk continue to outweigh the benefits of the still-nascent crypto market. 

Serving cryptocurrency companies is still too much of a headache for little gain. In the case of J.P. Morgan, it’s rumored that the main reason why the bank onboarded Coinbase is that it wants to underwrite Coinbase’s IPO in 2022.