This ia nothing beneficial to the bitcoin. Using blockchain technology has nothing to do with bitcoin. Blockchain is just a technology. Many banks or others will use it sooner or later but legalism of bitcoin is something else. I don't know much about the cryptocurrency laws on bitcoin, but in general, it seems suncontinental people are having worse time with bitcoin.
Exactly. I was going to ask if he's referring to use of the technology (Blockchain) or the use of crypto (Bitcoin). Banks will definitely adopt this technology. Some are currently working on their blockchain. Eventually one way or the other they will definitely adopt the use of bitcoin and other cryptocurrency.