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)
If the bank doesn't accept crypto transactions then P2P transactions could be good for you. In my country crypto is not legal so we do p2p transactions mostly without any involvement of the bank. I think we are partially experiencing the usefulness of decentralization.
Govt always tries to regulate everything so that they have overall control over their people. It's not far away when people don't need any bank involvement for their fund's management.