Banks and other financial institutions pay very close attention to cryptocurrency, yet the vast majority of them are reluctant to take the plunge. A few of Switzerlands top private banking institutions, however, are eager to facilitate cryptocurrency transactions.
Two of the banks are;
Falcon Private BankBanks e a Change
Maerki Baumann private bank
Customers can now send their digital asset to the bank.
What's the implication?
https://cryptoslate.com/switzerland-scrambles-to-regain-cryptocurrency-friendly-status-as-banks-dissuade-crypto-businessesThis is awesome that Switzerland accept Bitcoin deposits. But with restrictions that only those with kyc and identifications are being accepted. This situation will be the beginning on How Banks adopt Bitcoin. So meaning to say, anonymously can not send their bitcoin to the banks. In this process , Bitcoin transactions fees Will be implies. Anyway, Bitcoin Will be safe in the banks because of the kyc and the amount of crypto
that you have.