A bill in Germany, having successfully passed through the Bundestag, the German federal parliament, is suggesting that traditional banks should buy, hold, sell and trade cryptocurrency. This could be a big step in helping struggling banks resurrect themselves.[/i]
Yeah, buying a volatile asset is sure a good way to save banks on the brink of insolvency! /s
First, the bill hasn't passed yet, so it's too early to celebrate. Next, most banks don't need to be saved and they can't be saved by Bitcoin. The goal of this bill is to just give banks access to another type of assets, maybe some banks will offer crypto custody services, or trading, or want to simply invest in it - there's many possibilities, and it's their choice what to do. Most banks will probably ignore it initially.
Don't create hype, it's never good to have unrealistic expectations.