Post
Topic
Board Bitcoin Discussion
Re: How I would approach cryptocurrency if I was a bank
by
kueyen
on 21/02/2018, 19:51:41 UTC
Well as a bank, you sign a bunch of agreements and promise to comply with certain regulations. If a bank decided to use cryptocurrencies to transfer money overseas to decrease SWIFT fees, that bank would be cut off from the international banking system and dollar system overnight. So it's not as simple as you put it.