RBC

chicken_scratch

Can't recommend RBC, that's for sure. RBC acted difficult when I tried to send a wire to Kraken. They put a hold on the wire, made me answer a little quiz with the branch manager, put another hold on it, and then botched the transfer so Kraken support had to help me out. Needless to say, I've moved all my assets out of RBC since.

ItsTrueExceptTheLies

Start a wealth simple crypto account, banks have no problem with wealth simple. Shakepay also works with RBC

Halo22B

It doesn't work because you aren't using a Canadian exchange....all certified Canadian exchanges either integrate directly with the banks (RBC, CIBC etc) or connect to the Canadian banking system via EMT. Go open an account with ShakePay or Newton (or BullBitcoin if you want to stop shitcoinery); transfer your Bitcoin to your new account; answer all the required KYC questions; exchange BTC for CAD; withdraw CAD to your bank account. Or Create a self sovereign wallet; transfer your BTC to your new wallet; HODL real money and watch the fiat money crater.

Halo22B

Your a bit confused.... Canadian Bitcoin exchanges sell real Bitcoin (and possibly crypto)....examples are BullBitcoin, BitcoinWell and Newton. They have a variety of ways to fund including international. If you want to buy Bitcoin ETFs then you need to open a brokerage account. These typically sell stocks, bonds and some do commodity futures. All the big banks (RBC, TD etc) all have their own brokerage units. If I was you I would just open a UK brokerage account that allows Canadian stock purchases and just purchase FBTC.....no need to open a CAD brokerage.

RemainingEye

So, RBC currently has $423 Billion cash on reserve... I have a hard time imagining that all Canadian banks combined only had $15B. Any idea when this was from? [https://www.macrotrends.net/stocks/charts/RY/royal-bank-of-canada/cash-on-hand](https://www.macrotrends.net/stocks/charts/RY/royal-bank-of-canada/cash-on-hand)

Four_Krusties

What exchanges do you use? RBC similarly blocks transactions from debit or Visa cards but I’m able to use Kraken to on-ramp via etransfer no problem.

eurodiablo

I’m in Canada with RBC but most commercial trading platforms form banks will open a margin account. Ask your brokerage. It’s requires additional paperwork and credit checks.

coelacan

Sounds like RBC to me.

Epictetus786

Sounds like something RBC would do.

jareb426

They gave me a hard time about an emt to newton for crypto. Wouldn’t increase my limit past 3k and blocked off emt to the exchange. Had to transfer money to EQ bank to buy crypto. RBC are pricks.

jareb426

Guessing this is RBC.

Wolfos9

What bank? I use RBC and have never had a problem with a crypto exchange. I had BMO as well and it was fine too.

Encid

Purpose is an ETF that I can access from my RBC investment app but there are 3 or 4 available.

Charisma_Fairy813

He told me that I would have to let it sit in my account for 90 days in order for me to use it. But I didn’t want to wait 90 days and miss out on the house I wanted. He said they can’t verify it otherwise. I was so frustrated because I could show him my account and the transaction of me pulling it out to my PayPal and then transferring to my bank account and everything. But nope… honestly will never use RBC again for anything they are the worst.

yazalama

>Later the RBC specialist told me never mind you can’t actually use that money for the down payment because the bank doesn’t actually like bitcoin. The fuck? You're giving them fiat, not btc. Why wouldn't you be able to use the proceeds from selling your btc?

Deep-Distribution779

In Canada, our largest bank (RBC) can, will, did close my accounts (PLC, HELOC, RRSP, TFSA, CHQ, SVG) bcos my activities didn’t meet their risk profile. ***aka used too much of my own money to buy BTC***

Outrageous-Leopard23

Have you considered low MCap coins that have made it through bear and are still in development? This would make them less likely to rug IMO. Hear are some that to the best of my knowledge still have active devs, so and current Market cap: PRQ Less than $32 million FRIN Less than $4 million BALPHA Less than $500k PNK Less than $18 million RBC Less than $3 million

desakota

Was your withdrawal by e-transfer/interac, EFT, or wire? I am guessing the former? I’ve withdrawn to RBC from Kraken by EFT and not a problem,, but is suspect interac might draw more attention?

AJMbet

I bank w/ RBC and have made about 20 withdrawals from crypto.com to my bank without question.

crafty_alias

RBC closed my account and refused to do business with me because of crypto transactions. I had a credit card, line of credit and investments.

YumYumSweet

I haven't tried in a couple of years, but RBC wouldn't let me buy bitcoin using my savings account or Visa.

0x07AD

You can add Scotiabakn and RBC to the list of money laundering banks for drug cartels. The fines are a tiny percentage of the illicit profits earned by the banks.

marvelish

HSBC Canada was recently bought out by RBC. They're pretty much irrelevant now anyways.

Cptn_BenjaminWillard

>The big 4 Big 5. Scotia, RBC, BMO, TD, and CIBC.

Boogyin1979

Nice. I can’t even get a Safety Deposit Box at any of the 6 RBC branches I’ve tried, large enough to hold copies our Estate docs without disassembling them and folding into oblivion.

Cuddly-Cacti

I believe Brookfield manages less than Sunlife, Power Financial or Manulife. It may be about the same as RBC. Just the top of my head. Regardless, you are right, in a sense. All the companies I mentioned manage in the hundreds of billions while Blackrock alone manages trillions. However, to build on the concerns from my post, Blackrock managing trillions does not mean Blackrock can or would funnel 100 billion into this Bitcoin spot ETF product in the coming year. It will buy and hold BTC based on share purchases demanded of the ETF as purchased by retail clients, wealth managers, banks, institutions ect. Without significant net inflows, these ETFs may struggle to reach that $50 billion+ AUM in 2024 regardless of how much Blackrock manages on behalf of its clients in other countries, sectors, asset classes ect. While the Canadian investment landscape is dwarfed by the US giants as you mentioned, these products and options have been available for years with little appetite (but growing ever so slowly). The companies I mentioned above, while smaller, have shifted negligible funds to these open and regulated ETF options in the past 3 years while opening with a $400 million net inflow. The investment behemoths that you mentioned have opened with a $700 million inflow. I found this may be indicative of a slower pace in the coming months than initially anticipated.

Deep-Distribution779

860 FICO score, 3 decades as comm/ residential LL, 15 year relationship, great job & I used almost all of their products. ***RBC just hates BTC***

Deep-Distribution779

Actual quote from RBC letter. ***“After careful consideration, we regretfully advise you that the recent activity in your accounts is outside of RBC's client risk appetite, and consequently we are no longer in a position to continue our banking relationship with you.”***

BraidRuner

Holy cow that is so regressive. They must be really scared that people will escape their system. RBC are not the people to deal with obviouslly

Deep-Distribution779

Actually, I do use WealthSimple. I have a few RRSP there. The price of their bitcoin is always sold their premium so I stopped buying there. So I switched to Kraken. When the bank called they said, you have taken X dollars out to Wealthsimple and Kraken. Why did you do that? What are you using their services for? Why not use your RBC invest direct account ? I told them I’m buying bitcoin and RBC direct investing doesn’t sell bitcoin.

ignore_my_typo

If you want to skirt around this set up an account with an investment institution like WealthSimple. Since they offer robo trading and hundreds of stocks you can easily transfer the money back and forth. WealthSimple also offer crypto trading. So once you’re in the WealthSimple ecosystem RBC won’t have a clue what you’re doing. You can even transfer crypto to another wallet in a CEX if you want to move crypto around or buy crypto that WealthSimple doesn’t offer.

Deep-Distribution779

They did it to me in Canada 🇨🇦 RBC - and I have never sold a BTC in my life. But, I made the mistake of buying 6 figures worth of it from my funds in a RBC account. In fairness, I did receive 2 phone calls warning me about the extreme risk I was taking making such a decision by making these purchases. I wasn’t aware they were going to ‘demarket’ me if I didn’t stop doing it.

Educational-Pickle37

URGENT!!Calling all TRCH/MMTLP/NEXBRIDGE HYDROCARBONS shareholders. If your shares are with RBC US or Canada we are verifying share allotment for @RBC justretailinvestors.com ANY QUESTIONS PLEASE MESSAGE ME! For clarification, we are seeking all registered accounts (LIRA, TFSA, RRSP, RRIF, DPSP, RESP, RDSP, FHSA) and non registered accounts (cash, margin) that have not transferred to AST.

reggie_crypto

RBC, TD, BMO etc. Welthsimple has some options on miners which could outperform BTC,

MaximumStudent1839

>LMAO... you are going to explain lack of liquidity to a degreed economist What is your degree? An undergrad or masters? How many Mas-Colell etc., Fudenberg, Sargent etc., problems have you solved? In general equilibrium models, what do the separating hyperplanes represent? Why is the contraction mapping important in RBC models? You are a clear example of someone suffering Dunning-Kruger Effect. > every other situation where lack of liquidity has resulted in exactly the same outcome, What outcome are you blabbering about? I already said it causes volatility, and it is why we have this space is overflowing with degens. >Now, if you weren't so stubborn you'd google how lack of liquidity impacts markets and you'd get a result like this: Did I say it was good or bad? Do you have any comprehension skills? I said it is why volume can exceed TVL from organic trading.

Dry-Responsibility42

RBC to VirgoCX exchange is within minutes and same vice versa. Also good luck with Crypto.com and RBC. Both using Interac.

Deep-Distribution779

I was ‘demarketed’ from RBC, Canada’s largest bank for investing in bitcoin. I have an 840 credit score and 13 years with bank, and 6 figure job - so it does happen.

Deep-Distribution779

I have been ‘demarketed’ from RBC Canada’s largest bank for investing in bitcoin. I have an 840 credit score and 13 years with bank, and 6 figure job - so it does happen.

YaBoyDJP

RBC does… but only If they don’t know it’s crypto or you tell for hours (I promise I did this in 2022 before the regulations dropped) now they only unfroze a transaction, but regardless for months before that I could buy from metamask (they had a weird 3rd party buying system for Canadians a couple years ago) so when it would bill it would say something to do with an animal or someshit. Anyways it worked for about 9 months until that big spike after the first Covid lockdown

Four_Krusties

RBC doesn’t even allow crypto. The only bank I found that worked was TD, and they charged a $5 flat fee for every crypto payment. In the end it’s not worth it to use a credit card to buy. Just use E-transfer, which even MetaMask offers as a payment option now.

nomdeplume_alias

This is why I now have full control over my 85 yr old Parent's banking. They willingly handed it over, and I have full POA. They don't even know the passwords anymore and 100% trust me - which they should. Even then, the bank RBC made me jump through many hoops (even with my Parents physically there and approving of my decisions in person at the bank) when I attempted to liquidate their bullshit mutual funds with high MERs. It took months. They'll do anything to hold on to 'their' money.

Altruistic_Box4462

RBC

Altruistic_Box4462

RBC

theekruger

The #1 bank in Canada (RBC) stole $50M (a service fee paid by the US gov) from one of my business accounts in 2021. When we asked about it, they shut down ALL our business and personal accounts. I was banking with RBC since I was 8, my first business account was with them and over a half dozen business accounts since then. They refused to make payments, held all funds for months to try force liquidate me on debts, luckily I was able to get banking elsewhere and start making payments, but to this day my 800+ credit score has been destroyed. All because of fraud and theft by RBC. If your first thought is that I should sue, that's what I thought too, but there's no chance of success as I'm a Canadian citizen, if I was an American business (and citizen) I'd have had a chance. I've spent many hundreds of hours learning about how this could be legal, the short answer is that its a gray area, but there's nothing to be done about it. Best I could hope for would be to spend millions I do not have on various lawyers and PR firms and try shame them into doing the right thing. But I'd ruin my chances of getting any banking in Canada ever again, and I'd most likely fail. Like 90%+. That time and money can be spent towards picking myself up by the bootstraps and trying again, this time, with yet again more wisdom.

reggie_crypto

TD, questrade, RBC, BMO, any real bank with a brokerage service

CRYPTOTODAYS

I use newton exchange. Its a Canadian exchange. It allow to me to sell my crypto for cash and deposit to my bank via interac. Note there is a KYC involve. I use TD bank to cash out because my RBC bank kicked me out. They dont like crypto 😅

zozoxzebi

*"Bybit and Okx, two of the top crypto spot exchanges according to data from Coinmarketcap, will no longer process transactions involving certain Russian banking institutions placed under Western sanctions, the crypto news outlet of the Russian business portal RBC reported."* -mixed feelings-

coinfeeds-bot

tldr; Binance reportedly renamed sanctioned Russian banks on its peer-to-peer (P2P) platform to allow them to continue operations, local media RBC-Crypto reported on Aug. 23. According to the report, Binance renamed the bank cards for Sber and Tinkoff to “green” and “yellow” local cards on its payment options for P2P trading. Through its P2P services, Binance […] The post Binance accused of hiding names of sanctioned Russian banks behind color codes appeared first on CryptoSlate. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*

SeatedDruid

Have a good one beef 🥩 To the gains, to the RBC

Nirbhik

Here is the list of banks stress-tested Common Equity Tier 1 capital ratio (basically a fancy measure of how less likely are they to fuck up during an economic crisis, higher the score the safer it is): Charles Schwab Corp: 22.8 Credit Suisse USA: 20.5 DB USA: 17.4 TD Group: 15.9 State Street: 13.8 Bank of NY-Mellon: 12.8 Northern Trust: 11.4 Morgan Stanley: 11.2 JPMorgan Chase: 11.1 RBC USA: 10.8 Bank of America: 10.6 Goldman Sachs: 10.1 Barclays US: 9.3 BMO: 9.3 Citigroup: 9.1 Wells Fargo: 8.2 Capital One: 8.0 UBS Americas: 8.0 PNC: 7.9 M&T: 7.0 Truist: 6.7 US Bancorp: 6.6 Citizens: 6.4

ThriceTheGreat

RBC in Canada, they said I can only wire more than $2,000 if it is a payment to an institution, can't e-transfer more than 2k to someone else or any of my other banks.

mygallows

God, I love Canadian banks! With two different institutions, neither of which allows me to buy crypto with Visa Debit/Credit cards, how awesome! Glad they can choose what I can and can’t buy with my money. Any other Canadians with this issue? Using RBC and CIBC is a joke for crypto.

coinfeeds-bot

tldr; Binance reportedly lifted the €10,000 limit it placed on Russian accounts in 2022, local media outlet RBC reported on April 18. According to the report, the technical support team of the crypto exchange confirmed to a correspondent of the media outlet that the firm had lifted its restrictions. RBC reported that the technical support team […] The post Binance reportedly lifts €10,000 limit on Russian accounts appeared first on CryptoSlate. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

coinfeeds-bot

tldr; The Royal Bank of Canada (RBC) was the biggest fossil fuel financier in the world last year after providing over US$42 billion in funding. The annual Banking on Climate Chaos report shows the bank's funding between 2016 and 2021 put it as the fifth-largest fossil fuel funder but 2022 was the first year it provided the most money. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

nassauboy9

Im with RBC Canada. Moved money to purchase this week, no issue. I use their rTransfer type method.

Mad4it2

>The head of institutional lending was not a high ranking position. Also, she wasn't a porn star, she was in a porn video She was a porn star and ex shoe marketing executive and not qualified to be in a position managing billions of dollars of other people's money. Head of Institutional lending was not a high-ranking position, according to you? Lmao. She managed 2.2 billion USD in a key category of Celsius' business. Are you really defending this, lol? No wonder people got scammed with that attitude. >The CFO at the time of bankruptcy was Rod Bolger, the former CEO of RBC. The previous CFO was Yaron Shalem, who was, as you well know, arrested and investigated for prior crypto fraud. >Getting hundreds of millions in funding is the opposite of a red flag. Celsius was never profitable and needed this funding to continue their ponzi. You seem to still be suffering from a bad case of cope. It's amazing to still see people defend these thieves or try to make excuses for their actions.

redditreallysuckstbh

The head of institutional lending was not a high ranking position. Also, she wasn't a porn star, she was in a porn video. When she left she was replaced by some random 20-something dude, how come you aren't complaining about him? The CFO at the time of bankruptcy was Rod Bolger, the former CEO of RBC. Getting hundreds of millions in funding is the opposite of a red flag.

Berta_extracts

This was RBC back in 2018

Berta_extracts

RBC Bank in 2018, not sure if it's still a issue

Berta_extracts

RBC. This was in 2018. Not sure if it's still the same

DM_ME_DOGS

Which one? I'm with RBC and they don't care in the slightest.

ecn20

I’m in Canada and I use TD Bank for e-Transfer to Crypto.com (no issue with TD and all successful transactions) I’m also have Royal Bank and RBC reversed all transfers to buy BTC or Crypto, and then charge service fees on failed transfer. Avoid RBC, BMO !!!

Berta_extracts

RBC in Canada

YumYumSweet

RBC has not let me send any money to exchanges for years (from either my bank account or my RBC Visa). I'm in Canada

switched133

I'm with RBC and have never had an issue ever.

LafayetteHubbard

RBC is a buck for up to like 2500 or something. Free to someone else with RBC. I think it’s an extra buck or two for international transfers and transfers over 2500 or whatever your daily limit is

Kokatro

I’m with RBC and they won’t allow funding your account through a credit account. You can however send e-transfers to your chosen exchange (I use Coinbase and Bitbuy) from your other accounts like chequing/savings.

OrdainedPuma

Except you can go to a casino and blow your life's savings and no one bats an eye. Or you can use leverage in the stock market and get wiped out yolo-ing on fucking Tesla, "whoops, should've done better." I'm all for regulation. I'm all for sacrifices. But EVERY FUCKING COMPANY makes the same sacrifices. We don't get leverage, neither should TD, or RBC, or Wealthsimple. But that would never fly. This is bad for crypto in Canada.

phamtruax

I guess the new abuser is RBC since they are going to buy HSBC out

Gen_X15

RUBIC $RBC. Súper low market cap easy x100 next bullrun

unitys2011

Around 34 million RBC and BRBC tokens were sold on the Uniswap and PancakeSwap exchanges. As such, Rubic continues to work without interruption and all user funds are safe. No contracts were exploited. The 34 million RBC transferred out by the attackers was worth over $1.2 million at press time. Separately, the attacker's wallet flagged by Rubic in a tweet held over 205 BNB, or just over $65,000, in a BNB Chain wallet and over $205,000 worth of ether in an Ethereum wallet.

unitys2011

“One of our admin’s wallet addresses was compromised. This wallet managed the RBC/BRBC bridge and staking rewards,” developers said in a tweet during morning hours in Asia. “We suspect it was malicious software that was used to get access to the admin wallet's private keys.”

Gen_X15

$RBC (RUBIC). 4.5 mil market cap with lots of utility. Easy X100 next bullrun.

Gen_X15

Just an FYI $RBC aka RUBIC crashed yesterday due to hack. Unbelievable low prices right now. Managed to snag 2k coins for $65. 4mili market cap. This just might be my ticket to x100 soon. I reccomend buying some if you have spare funds. Lots of potential.

TheRicFlairDrip

Official statement: One of our admin’s wallet addresses was compromised. This wallet managed the RBC/BRBC bridge and staking rewards. We suspect it was malicious software that was used to get access to the admin wallet's private keys, and around 34M of RBC/BRBC were sold on Uniswap and PancakeSwap, which resulted in the dip of the token value. Rubic.exchange continues to work without interruption and your staking funds are safe. None of our contracts were exploited, rather it was the private keys of the wallet that were compromised. It is important to note that none of our contracts allow users’ funds for swaps or staking to be moved to unintended destinations. Your funds are always safe. The team is dealing with the situation and we will keep you updated on our next steps. Staking rewards will resume in a couple of days. Compromised Rubic Address: 0x105A3BA3637A29D36F61c7F03f55Da44B4591Cd1 Hacker's Address: 0xD2D113d7b5c4F8FB4A68cEDa26F894F0fE25F24a

switched133

If banks adopt it, it's no longer defi. Most large companies that have looked into defi take the blockchain tech and leave out the decentralized part. And many are. [For example,](https://www.reuters.com/article/us-rbc-blockchain-idUSKCN1C237N) RBC has been developing and studying blockchain use since at least 2017.

hiredgoon

Projects I like that are outside the Top50: * GNS - decentralized leveraged trading that pays fees to GNS holders in DAI - /r/GainsNetwork * VITE - Instant confirmation L1 w/ vibrant ecosystem and no transaction fees - /r/vitelabs * RBC - seamless, cross chain dex aggregator - /r/Rubic * MFO - Highly speculative, low market cap. A CeDeFi that offers compounding, moderate return single staking w/o using safe strategies - moonfarm (.) finance

mygallows

RBC (Royal Bank of Canada) doesn’t allow crypto purchases either, it’s really a nuisance.

Yegpetphoto

I used RBC with Kraken I believe.

nthgen

RBC = pure evil

mygallows

RBC, they allow purchases on Crypto.com, but that’s about it. I know CIBC doesn’t have too many limits so I may switch to using them (for crypto at least, I’ve already got an account with them).

chibi-totoro

This. I cashed out high five figures USD to a USD account at RBC not that long ago, and it was fine. But I regularly receive transfers of 15-20k USD in there on a monthly basis, so no one batted an eye. (so far)

GrantedLazerBeam

That’s from RBC, not me, recipient was using shakepay

TheRicFlairDrip

RBC has 90% coins in circulation!! Bullish!!

bstardif

My God. And I thought the 0 a year I pay RBC was too much. Banks should be paying us to let them loan and hold our money. After all it isn't like we get to see a penny of the interest they make.

BoiledFroglet

Assuming this is the reference: [https://rockstarinnercircle.com/wp-content/uploads/2021/04/Why-Every-Fixed-Income-Investor-Needs-To-Consider-Bitcoin-As-Portfolio-Insurance.pdf](https://rockstarinnercircle.com/wp-content/uploads/2021/04/Why-Every-Fixed-Income-Investor-Needs-To-Consider-Bitcoin-As-Portfolio-Insurance.pdf) He makes this statement: "when I started at RBC in 1988, it was insolvent due to bad loans (defaulted) made to Lesser Developed Countries (LDC)." The only evidence he quotes in favour of that statement is an oblique reference to his own publication about inferring quantitative default risk for fixed income assets via historical credit spreads: "I have included a copy of the FAJ article in the apendex (see page 34)." There is nothing in that paper about RBC's financial position at the time. Other references are sparse, given it was the 80s and the www didn't exist, but I did find this: [https://www.csmonitor.com/1988/1130/fbank.html](https://www.csmonitor.com/1988/1130/fbank.html) "Take the Royal Bank of Canada, the country's largest. It is still owed $6 billion by third-world countries. The company has set aside $2.3 billion to cover that debt." Looking at the oldest RBC annual report I could find online: [https://www.annualreports.com/HostedData/AnnualReportArchive/R/TSX\_RY\_2006.pdf](https://www.annualreports.com/HostedData/AnnualReportArchive/R/TSX_RY_2006.pdf) The total loan book for that year was \~$200 billion. Winding that back a few years let's say they had $150 billion on the books in 1986. Even a total loss of all those loans to LDCs in one go then would be about 4% of their portfolio. And that's for a bank that was likely bringing in around $3 billion a year in net income at the time. So, painful for sure, insolvent, not even close.

Encid

Canadian ETFs have custodians holding Bitcoin, if you look at their offering it will indicate who it is. Also It doesn't matter if you trust the custodian, In Canada we have a 1:1 pegged ETF, this means that it if the custodian gets hacked or goes bust, That's the brokerage's and/or the Canadian government's problem. If they do get/go hacked/bust, The brokerage is then legally required to buy you out if they de-list it and if They go broke, the government will bail you out from your out of business brokerage for up to 1m. if RBC or Scotia are going broke we have much bigger problems. Same logic applies to any stock or etf that you hold via a custodian ie:Bank/brokerage as long as they are registered with the CIPF. Fun fact if your Bitcoin becomes more than 1m simply open an new tax free savings account and transfer some of your holdings over and the. You are protected for 2m if things go bust. This is my understanding somebody correct me if I am wrong (I must admit I had it wrong a few months back). I know there is fear-mongering but Bitcoin ETFs are safe. Similar to regular Stocks or ETFs and you get the tax advantage, 50% on 1m is a hefty price to pay if you ever want to spend it. PS: I know , I know you will borrow against it, but what about emergencies? Life altering circumstances? you never know, I rather tax advantage than not.

danny223

Couple points from someone with a good chunk stuck on Celsius * Celsius appeared pretty legit. Most of the FUD was kind of dumb, like they had a loan from Tether and that's bad or something, or they hired a woman that was in a porn video as head of institutional lending (but that's not a particularly high ranking position, a random 24 year old guy is in that role now), and even the stETH position should have been only 5-10% of assets. Meanwhile, their C-suite had a former CFO at RBC, a COO at Citi, and a Chief Risk Officer at Morgan Stanley. Y'all we're ultimately right, but not for the reasons you thought. * This easily could have been Nexo (or Blockfi or Voyager without Sammy coming to the rescue). Nexo offers significantly higher rates than Celsius and is based in Eastern Europe. They definitely don't have a CFO from RBC. If you are using Nexo after this you are a moron. Also, Haru is a scam as every other service in the history of cryptocurrency that claimed to make their money from a trading bot or arbitrage turned out to be scam. * Sometimes not yo keys not yo coins can make people ignore what really matters. While the safest way for sophisticated users to store their coins is self custody, the more important thing is that if you are going to use platforms, use the absolute best platforms. Point out that Celsius is not audited, is basically a hedge fund with an app, or that the TOS is very unfriendly to customers rather than not yo keys not yo keys not yo keys.

coinfeeds-bot

tldr; Coinbase is planning to ban accounts of select Russians to adhere to EU sanctions, Russian news agency RBC reported. The exchange will shut down accounts after May 31 unless users submit documents that prove they are not subject to sanctions. Users that don't provide the requested documents will need to withdraw funds from the platform. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

ThatOneTimeItWorked

Not for business accounts - which OP will need as he mentioned he is a contractor. The cheapest account is RBC at $6/month, but then they still charge fees on many transactions. Canadas banking system is phenomenally archaic

pezdal

OP said his employer uses RBC so the cheque was drawn on the subject bank.