I have seen many news about banks banning bitcoin from using. But I think bitcoin is a great technology and future assets, and its a great opportunity for banks also to use bitcoin as a contribution. My question is why does they ban it rather than use bitcoin ?
Competition that is what it is. Lots of bank depositors are now shifting their money with cryptocurrencies because people realizes the fact that profit derived from investing in cryptos is much bigger than what they get from interests in their deposits in banks.