Don't ever mention crypto in our traditional banking system

Don't ever mention that you deal with crypto especially to our traditional banking system.

Kahit bullrun or kahit mas nagiging accepting sila, there will come a time na magkakaroon na naman ng scam or issue like in the past few years and instead of blaming the bad actors in the space, banks crack down on crypto instead.

Case in point: Unionbank used to be crypto friendly but in past years, especially after the BDO hack which transferred money to UB and then crypto, they started flagging users who interacted with known Binance p2p traders. Best keep out of their radar if you don't want your accounts frozen.

Why are banks afraid of Crypto? Can someone explain it like talking to a 5 years old? : phinvest (reddit.com)