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
Banks do not find it difficult to come into crypto, they don't do it because of regulations and some other reasons but there are some banks that created a sister company a long time ago that is actively in the crypto business. If banks really want to come into the crypto business, then be assured that they can do it because banks have the highest capital compared to any other companies, banks are the centre of the money, everyone comes in banks to take money and then bank gets profit from them, their money supply is always growing. Banks have hired one of the best UI/UX designers, software engineers, cyber security experts, product owners, managers and etc.
Many banks are against the cryptocurrency and thst perspective should be change because we know cryptocurrency is best to invest and crypto investors know that is best for them to save money. Cryptocurrency is all about research and Invest and save that money. Many of the banks in my country don't understand and they always try to eat the money of people who are cryptocurrency investors and they are doing trading on exchanges . Banks have different rules and they made these rules for their benefits because they want more money, I saw many banks which are doing scams on the name of fake currency but they have no evidence of that.They find the account in which more amount is transfer and then they inquire that .