I agree. Banks (or governments) don't come to crypto as retail players. They come to control. They can't control the blockchain, since it's decentralized, but they can control the hubs (exchanges). Unless the exchanges themselves are decentralized, and I know that's their future.
I used to do freelancing for a financial media company in New York. There were a few (about the same number as many fingers we have at one hand) huge international financial players which had their hands in pretty much every deal going on in the markets I was covering. GS was one of them. GS is in this for two things: control and profit.
I suppose @exyle's comment "you can't keep them out if they want in" says it all. So are we hoping for decentralised exchanges then? Isn't that what Bittrex and Binance are? I've never traded so have no experience of them.
No they are centralized exchanges. Practically all well-known exchanges are centralized, to my knowledge, but decentralized exchanges started to rise as well.
So much to learn, Thanks for helping @gadrain! 😁
You are welcome! And don't worry, we are all on a learning journey here. Glad I could help!