Why do you think banks like UBS and BNY Mellon are experimenting with bitcoin.
a. They are interested with bitcoin and want to integrate with it
b. They want to crash bitcoin thats why theyre doing background check
c. They want to make their own digital currency
d. What do you think?
Very likely, they see the future value of being able to print their own virtual money. In reality the banks can already print their own money out of thin air, via fractional banking and debt issuance. Yet this will be even better in their eyes. Get ready for a future filled with virtual currencies. Will they succeed? That's a whole other question.