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?
If banks accepting digital asset deposit, i think its good news for crypto adoption. If we can deposit our digital asset, we can pledge our digital asset for loan. Its like we have an asset like gold and we deposit it to banks and put our digital asset as collateral