In 2025, finding a crypto-friendly bank in the US can still be a challenge. Many banks have been hesitant to embrace cryptocurrencies, leading to frustrating experiences for crypto investors and users. However, the landscape is slowly changing as more banks start to support crypto-related services thanks to clearer regulatory guidance.
One of the key developments in 2025 is the shift in regulatory attitude towards crypto-friendly banks. Previously, federal agencies like the Federal Reserve, FDIC, and OCC had issued warnings to banks about getting involved in anything related to digital assets. However, with Executive Order 14178 issued by the Trump administration, the landscape has shifted. Banks no longer require advance approval to offer crypto-related services, giving them more freedom to support crypto payments, custody, and integrations.
When looking for the best crypto-friendly banks in the US, there are some key factors to consider. Integration with major crypto exchanges is crucial to ensure smooth transfers. Crypto custody and wallet services are also important, especially for those managing large balances or running crypto businesses. Transparency on fees and transaction limits, security measures, and compliance with KYC and AML rules are other essential factors to look for in a crypto-friendly bank.
Some of the top crypto-friendly banks in the US in 2025 include JPMorgan Chase, Customers Bank, Evolve Bank & Trust, Mercury, and Ally Bank. JPMorgan Chase, once anti-crypto, has now become a leading bank for institutional crypto services. Customers Bank offers real-time blockchain-powered payment systems for businesses in the crypto space. Evolve Bank & Trust provides banking infrastructure for fintech platforms, while Mercury partners with FDIC-insured banks to offer banking services tailored to crypto startups. Ally Bank, although cautious, provides exposure to crypto-related products for those interested in the market.
Overall, the landscape of crypto-friendly banks in the US is evolving, with more banks beginning to support crypto-related services. By considering factors like exchange integration, custody services, transparency, security, and compliance, users can find the right bank to meet their crypto needs. As the regulatory environment continues to shift, more banks are expected to enter the space, offering a wider range of crypto banking solutions for users in the US.