Beginning with the fact that cryptocurrency was originally built in some sort as a mean to avoid banks and the bureacracy related to those kind of thing, is there any use for bank to launch their crypto, why would people who are searching for a non-centralized way to manage their asset to join centralization expert like JPM or other
Soon we will see various options for using cryptocurrencies, including banks. Therefore, it is not surprising if banks issue their centralized national cryptocurrency. About the release of their cryptocurrency talked in Sberbank of Russia. This just coincides with the recent law in Russia allowing ordinary citizens to use only the local cryptocurrency.
To such a cryptocurrency, I think, should be treated calmly. It is unlikely that it can harm the decentralized cryptocurrency, but it can draw the attention and interest of people to it.