The fate of crypto here in my country? It's kinda dynamic when we're talking about the relationship between banks in here and crypto. My bank (BPI) before accepted crypto transactions but now they no longer support nor allow those kinds of transaction.
Financial institutions in my country, including banks, are not allowed to own or conduct transactions with crypto assets. But there are indeed exchanges that facilitate this. So even though it is ultimately related to the Bank. While the direct exchange outlet I have not found for crypto, but for perfect money already exists. There haven't been many cases of robbery but there have been some frauds committed but not all, but it happened on foreign currency exchanges. And usually the dollar.