JPMorgan recently closed the accounts of Blindpay and Kontigo. Both startups received investments from Y Combinator and mainly operate digital payment businesses in Latin America. Although both companies focus on niche markets, they are still subject to scrutiny from traditional financial institutions. What does this reflect? Is it a cautious attitude from traditional banks towards the crypto payment sector, or simply compliance pressures? For entrepreneurs trying to transform the payment system with blockchain technology, being blocked from financial channels might be the biggest obstacle. Without a bank account, fundraising and operations will be hindered. This also serves as a reminder to entrepreneurs that no matter how good the technology is, they must first pass the financial gate.