3 ms·
As someone that grows weed legally in my state I do commiserate with their problems. Since weed is not legal federally if my banks ever find out the source of
by JohnJamesRambo 5y ago
As someone that grows weed legally in my state I do commiserate with their problems. Since weed is not legal federally if my banks ever find out the source of funds, I’m terminated instantly and asked to take my money and go. Our American Express account was terminated for exactly this reason a few months ago.
I assume it is a very similar situation with Tether, since they have had banking issues in the past. Whoever they bank with would be shunned immediately by other banks and governments, as many see crypto rightfully as a competitor. But the money is too attractive so you do have banks crossing that line to help, on the caveat that it remain anonymous. You can’t run Tether or a weed operation without banking, so you see our conundrum.