German friend tried to buy €3,000 worth of Bitcoin to setup his son's future. Bank froze the transaction because the beneficiary was a well known crypto exchange.

Your bank account but not your money.

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Can confirm that it’s definitely not the best idea to do in Germany πŸ˜• But splitting the sum into 3-5 stacks and buying bitcoin on #[2]​ is definitely possible, and less likely to get blocked.

now there's some signal :)

yes!

Thanks for the suggestion. I got this but the mere idea that your Bank, a service provider, can tell you what you can or cannot do with your money is becoming the new norm.

The only thing they've archived with this is that he's now receiving 3k worth of non-KYC coins and therefore he has no coins. Well done Bank!

Yeah, ridiculous 🫠 But cβ€˜mon, the bank did a great job: Yet another guy will now learn how to buy non-KYC corn πŸ™ƒ Orange pilling by a bank πŸ˜‚

I know right? They literally archived the opposite from what was planned. He'll still get the BTC but now he doesn't own any BTC and the Bank is losing a customer for assuming the role of being his legal guardian rather than a mere service provider.

I live for days like today! Super excited!

We all do πŸ€™πŸ’œπŸ«‚

He's now...