Considering that most people nowadays often find it hard to store and protect their cryptocurrencies, it's best to delegate the responsibility to a middleman. A bank of crypto would fit the bill nicely, as people would be able to secure their cryptocurrencies without ever having to follow the necessary precautions to prevent hacks or theft. As long as the bank of crypto is highly regulated by the government, then it'll be here to stay for a long time. Still though, not everyone will agree to this as it greatly defeats the whole purpose of crypto and Blockchain technology. The idea of a bank providing crypto services would only prove to be viable for newcomers into cryptocurrency. People who're experienced in crypto, wouldn't need this in the first place.
Nonetheless, do you think that a Bank of Crypto will happen anytime soon? If so, why?

If there will be financial institution for cryptocurrency, then it would be regulated and not decentralized. It will not be the cryptocurrency that we know. Though it can reduce the scams in the market since it is regulated, it is also more prone to abuse of power over its customers. Personally, I believe that it will not be good idea but if there will be a way in which crypto is still decentralized but somewhat regulated and can be still anonymous, it will be perfect.