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Most non-US banks are really, really, really disinterested in dealing with US citizens, because of the regulatory burdens.

Unless you're pushing tens or hundreds of millions of dollars around, they'll probably tell you to go pound sand.

I see, I was unaware of that.

> the way around it is fairly simple: use a bank account on another country

Willful money laundering isn't a "simple" risk-reward decision.

I wasn't describing that with the intent of laundering money, I mean simply having money in a different jurisdiction and using it locally. I can use my cards from different countries (I've lived in a bunch of different places) pretty much anywhere around the world, the money I have there in those currencies is subject first and foremost to local laws.

Of course it won't stop trade completely, but it could tank the price and cause interest to drop off as that's significantly higher effort than "sign up here, use your credit card or bank account directly".