Why does Bitcoin need a bank. I don't think having a Bitcoin bank is a good news. This is because it would further make cryptocurrency transactions less anonymous. However, if this bank can help solve the problem of fraud and detect fraudulent and illegal deal then it's not a bad idea. This will help reduce scam and more people will come to accept it.
Of course they do not need it but if there is a bank of bitcoin, that means bitcoin is legal for their country and I think every things will be solved easy way on banking system. And of course this have a bad effect towards us as bitcoin players because every single id will be reveal to them, no matter small or big player there. Somehow I can say this is good and bad news not purely good news only