Post
Topic
Board Economics
Re: Banks find it difficult to come in into crypto, but it is possible.!
by
milewilda
on 10/07/2025, 18:22:47 UTC
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 .
Banks are those institutions or simply businesses on which they do make money out of peoples money and that the fact. The only thing on what makes them hinder to deal up with crypto space is that its not been always accepted by the government and since these institutions are heavily regulated then it would be that understandable that they would be that against with it if the government of the said country is against with it too. We do know that each country does have its own government rules on which simply means that they will be neither be accepting crypto or not. It all matters about on recognition and adoption on which just like been said that not all government will be having that positive views towards crypto but now its a bit different nowadays in comparing into those previous years on which there are already those government who do have that positive approach towards crypto and if ever its been allowed then banks could neither be accepting it out or not. We have seen some banks now are trying out to deal or accepting cryptocurrencies on which of course its understandable that they will be trying out to deal or accept it out because they do saw that they can make money with it and as a business then they cant just that let it slipped into their hands. It is just that they are just that depending into government laws and regulations on which they cant just that easily go oppose with that and always be basing or depending on such conditions.