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Does Grasshopper Bank accept crypto businesses? (October 2026)

Sources disagree

Published sources for Grasshopper Bank say different things about crypto businesses. Each is quoted below with the date we checked it.

What the policy says

Grasshopper Bank: crypto policy by activity
ActivityStatusScopeChecked
Grasshopper Bank · Crypto exchange / OTCSources disagreeBusiness account
Grasshopper Bank · Crypto payments, custody, on/off-rampSources disagreeBusiness account
Grasshopper Bank · Web3 infrastructure (no client funds)With conditionsBusiness account

Innovator Business Checking is available to all small business owners, not including those in the following industries: adult entertainment, gambling, illegal substances, virtual currency, or weapons and firearms.

Grasshopper Bank · Crypto exchange / OTC · Sources disagree · · SourceConditions: confirm in writing which account takes this activity: Innovator Business Checking excludes it, the bank's guidelines for regulated activities review it case by case

Innovator Business Checking is available to all small business owners, not including those in the following industries: adult entertainment, gambling, illegal substances, virtual currency, or weapons and firearms.

Grasshopper Bank · Crypto payments, custody, on/off-ramp · Sources disagree · · SourceConditions: confirm in writing which account takes this activity: Innovator Business Checking excludes it, the bank's guidelines for regulated activities review it case by case

we have identified the below business activities as requiring a tailored due diligence process. ... Cryptocurrency/NFTs/Tokenization

Grasshopper Bank · Web3 infrastructure (no client funds) · With conditions · · SourceConditions: tailored due diligence at onboarding and throughout the relationship

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