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?
Banks will not easily and with open arms accept cryptocurrency fully. This is because this is a technology that has the ability to reduce the profits they make and reduce their relevance to citizens. Integration will finally come, but it will be a calculated move by the banks.
In some situations, simply making payments from banks to exchanges and exchanges to banks more seamless can be a way to slowly get themselves involved. .
Banks and crypto currency are completely contradictory. Crypto currency is decentralized. No company, group, government or country in the world can control it in any way. On the other hand, the banking system is completely owned by the government or individuals.
The banking system cannot go out of control, so if banks ever think of accepting crypto currency, they will accept as much as they can control.