Hello everyone a very good day you all.
So, let’s talk about this interesting duo: cryptocurrency and traditional banking. Some say traditional banks are threatened by crypto’s rise, while others think they’re starting to see the potential and hopping on the bandwagon. Either way, it’s a fascinating dynamic to watch unfold. What do you think? Are they destined for a happily ever after or is this just a temporary fling?
Let me know your thoughts on this.
cryptocurrencies will always be related to traditional banks, this is because traditional banks have emerged before cryptocurrencies, and traditional banks will definitely adopt cryptocurrencies later.
in fact, in the financial system, everything is interconnected, it's just that the regulations in each region are different, for example, in countries that legalize cryptocurrencies, traditional banks can be a place to withdraw money or make purchases of cryptocurrencies, but in countries that ban cryptocurrencies, this is strictly prohibited, traditional banks there will refuse because of government regulations.