Many of us may think otherwise, but it a known fact that the banking sector had been striving with the cryptocurrency space for a long time unfortunately, there seems to be a continuous loggerhead or some misunderstanding by the banking sector.
Now to avoid being left behind, banks need to find a way to embrace this technology, coparete and treat it as a friendly technology rather than an enemy. How can the banks get involves in cryptocurrency fully?
In my opinion, i think the banks can offer interest bearing crypto accounts, others ways. Your thoughts
They don't find it difficult, it's because they can't. All commercial banks operate under a law and these laws must not be broke, if any banks violate that law there is a fine to pay. Any conduct you see Banks operate today, it's a direction from the central banks, they can't do what is not directed by the central bank else they will be force out of the business and you know, no bank will risk everything they have for crypto, they are already in profits with their traditional banking system.
Banks have their own work to do, anything related to crypto is another thing. Assuming central Bank have a conduct for crypto been a recognized asset or better as reserve, it will be a great thing that all other banks will be buying Bitcoin, even the bank workers will be buying Bitcoin lowkey and keep. There was even a time it was reported that Banks sack many staffs for using customers money to buy crypto one time, I mean the desperation of people with crypto will be very high and since government doesn't have control over it, they would not allow Banks to buy BITCOIN or sell any.