„We will only offer Bitcoin, not other Crypto assets. Quite simply because only Bitcoin is really a decentralized blockchain application and from our point of view only Bitcoin offers sufficient security against manipulation. All other crypto assets are not comparable to Bitcoin. Above all, they are not decentralized, but there are companies or business models behind influencing the respective Crypto value.“
It's only beginning. Bitcoin first and if they see that it is good, they will expand to other cryptocurrency. In the end, banks must maintain their customer and transaction activities because it affects bank income. They can not simply ignore Bitcoin or cryptocurrency if in future, people change to become more prefer Bitcoin and crypto for transactions.
„The most important topic when trading or storing Bitcoin is to be owner of your so-called private key, (secret key allowing access to your Bitcoin). This is where our first considerations were made.
Which trustworthy solutions can we offer for our customers? Many crypto platforms only give limited or no access to private keys because all Bitcoins are centrally stored on behalf of the customer.
[…] Bitcoin centrally stored by platforms is of course an interesting target for hackers. This also counteracts the decentralized storage in the Bitcoin blockchain. That's why we were looking for solutions in which the customer keeps his private key himself and can therefore own his Bitcoin himself.“
It sounds good but I don't believe it if it is given by banks. Banks are related to governments so they will do want to ask KYC and trace customer capital flows. If they don't store private keys of users, it will be like DEX. DEX with KYC and run by government-backed banks, it is something wrong.
Anyway, the adoption is great as a very promising beginning.