Post
Topic
Board Economics
Re: Does the bank glad to support cryptocurrency trade?
by
Maricel2017
on 10/04/2018, 02:41:15 UTC
As we know, not many exchanges will support the international wire transfer, what is the mainly reason in it?

I don't really understand the question of this topic.
actually I don't see banks need to anything in supporting cryptos.
where do crypto users refund their assets ??! Bank..
where do crypto exchanges save their fund ??! Bank..
glad or not, Banks take benefits on crypto.

or do I miss anything ??
if my opinion is not supporting but providing service, because like local exchanger in my country provide fiat money exchange service, and has been approved as company from government. because cryptocurrency is prohibited in my country for transactions
I think that is why many banks not supports decentralized currency because they are scared holding not cash transaction they cant regulate it because even government does not know how to handle this kind of currency and worst is some government already banned this digital currency or crypto. Luckily i am belongs to the government who are pursuing to make have regulation about crpto because they see the potential that this currency may help our economy.