>The bank said its policy towards cryptocurrencies had been in place since 2018 and is kept under review. It could not immediately say which countries the ban applied to.
My guess is that it's just some middle manager blindly following directives from 2018 that haven't been updated. I can't think of any other reason why they'd ban it when everyone else is moving in the opposite direction.
They're one of the most bureaucratic and inefficiently ran banks in existence, an absolute nightmare to deal with on every level. Not sure how they're still around, I wish they had been fined into oblivion after they were caught money laundering for narco traffickers.
My guess is that it's just some middle manager blindly following directives from 2018 that haven't been updated. I can't think of any other reason why they'd ban it when everyone else is moving in the opposite direction.