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 ?
Some banks have cryptocurrency because they have not been able to control these virtual currencies and they are afraid they will make them more confused and lose control over them so they are afraid of cryptocurrency.
Many banks hate crypto for the reason that bitcoin can take over their business. People will transfer to digital currency and will not use the banking system anymore.