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 are totally focused on banking and cryptocurrencies didn't really matter a lot for them in the past but now things are changing. A commercial bank is not your typical business that can take risks, banks prefer to play safe but in quantity, bank doesn't need to be a risky startup. Also, implementing Bitcoin comes with lots of challenges, including the regulations, how to safely store coins, how to offer a stable service and so on. If you see, things are changing these days and that's because Bitcoin has become very popular and people are also mature enough in crypto space to help banks establish a good crypto service. I'm sure that soon we will see the possibility to buy/sell crypto via banks.