Banks all over the world are cautious about crypto because it's a relative unknown and they have no control over it. In the UK, there have been banks (and I believe some might still be doing so) who close down customers' accounts because they've traded in cryptos - not just blocked a transaction, closed the account.
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Thanks friend.
Wow... I hadnt heard that but it doesnt surprise me.
I believe the banks are aware of crypto, that it isnt so much of an unknown but a threat. They know what this can do to them.
Anyone who has a wallet on their phone has a bank....it can send, store, and receive money...that is what 95% of the people use banks for.
Yes, taskmaster. I’ve explained that to many people about crypto.
Crypto is making banks obsolete!
I won't say fully obsolete, but rather unnescesary, leading them from elitist place to competive markets again. Banks would have to provide needed services for affortable price.
Here in Portugal they closed some bank accounts because of that as well.