Bank Banning Crypto is the most un-democratic thing to happen

It's understandable that each business entity have certain rights on what they allowed and what they don't. But when it's huge cooperation, and have big public interest in it, what they allowed and what they ban become more complicated. Hence good excuses or reasonable were needed.

Now what's a good reason to ban something? When those thing are illegal. I Wholeheartedly 100 % suppport. But the problem becomes more unclear and muddy when terms like bad for society, or to protect user interest is used as an excuses.

Even those that were legal and bad for health can be added into these category no?

So let's put in a picture here, cigarettes is 100% not healthy. Gambling already proven to have large effect towards family + society. Is these going to be banned? Oh wait. Basically the so called for the public interest excuses already down the water.

A business entity should instead uses cap/limit to certain thing and multiple verification + even advice notice to users rather than a full blanket ban.

At least that's my opinion.