Safe crypto-to-fiat banking setup for a consulting business in the UK

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    kotanskii

      UK high-street banks are an absolute nightmare for Web3 companies. Mention blockchain once, and your corporate account is gone. For our IT consulting firm in London, we had to find a solid crypto-to-fiat bridge since we take quarterly retainers in digital assets. We ended up opening an account with Arival https://arival.com/ . Their onboarding is pretty brutal (they’ll grill you over client agreements and AML policies), but it actually works. We safely convert crypto into USD/EUR to pay our operational bills and VAT. How is everyone else in the UK handling crypto revenues legally?

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