What is problematic with the banks' approach to crypto is that by closing accounts of companies or persons having something to do with crypto they are making it impossible to pay taxes. This is putting people and businesses in serious jeopardy of being prosecuted on the grounds of tax avoidance. I would love to know if such behaviour falls under anti-trust laws or may even be unconstitutional. Refusal of provision of services that may result in prosecution looks illegal to me, but I'd like to hear a lawyer's opinion.
In the US, you are supposed to pay taxes on any profit, even if you don't get actual cash on it. Prizes from The Price is Right? You gotta have the cash for taxes.
If illegal gains aren't exempt, I don't see a reason to exempt crypto. If you can't afford the tax, don't buy. (FWIW, they don't give you the price is right prizes unless you have cash upfront. Not getting the prize is you being poor or being tricked. I view crypto similarly.)
