A recent situation in my country where the banks have been instructed to block accounts related/associated with crypto trading has prompted me to start thinking if these banks are actually happy carrying out government policies against their customers, because some of them seem not too happy about it but look to have little or no choice on the matter.
Can the banks challenge the policies from the government? Are the banks working for the people or the government? is there any possibility that banks can operate freely entirely from government policies?
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Read news article here)
I feel this is part of greater effort by the powers that be, to squeeze the crypto markets away from decentralisation and to have some kind of control. The individual crypto currencies can be decentralised, but the exchanges themselves can be used to effectively control those decentralised cryptos