How can the banks get involves in cryptocurrency fully?
Banks can offer crypto custody services for customers who don't want to take the responsibility of keeping their crypto assets.
They can also facilitate the use of crypto for both local and international payments. A customer should be allowed
to settle financial obligations using crypto instead of converting to fiat before payments.
Banks can also act as exchanges by offering customers peer-to-peer (P2P) crypto payments via bank channels.
Crypto should also be accepted as collateral for credit facilities from banks. Instead of liquidating the crypto asset,
theyit can be deposited
on thein banks as
security for repayment of loans.