What do you guys think, should banks even be in 'the game'?
Yes. Currently, the presence of banks also plays an important role in the world of money market, I will give a small example, if someone wants to trade on the stock exchange, where all the rules he has followed. for example, for deposit, of course he will look for which bank is recommended on the platform he has registered. Then he sent some fiat to the account and entered his trading account. then he bought some coins he likes for example BTC and for wd too. Well, here the Bank also has an advantage too because at the end of the year they know the total amount of funds that have stopped by on their platform, both from the public or crypto users of course.
So for a bank that wants to be more involved although there's implied to get some kind of control that then pushes it to become more centralized in some ways I think it's a bit less straightforward there's a lot of looking back on meaning adaptation is needed to align with the digital finance ecosystem and governance which ultimately also maintains financial system stability.