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Will banks become crypto-friendly?
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Some banks are already becoming more crypto-friendly, offering services like crypto custody and payments. As regulations become clearer, more banks may integrate crypto-related services.
Banks are risk-averse institutions. They will only fully embrace crypto if governments establish clear legal frameworks and compliance standards.
Some banks will support crypto-related businesses, while others may avoid it due to concerns about volatility, fraud, and regulatory uncertainty.
Instead of directly offering crypto services, many banks might partner with crypto firms, allowing customers to access digital assets while keeping traditional banking structures intact.
Large, established banks may resist crypto due to competition with decentralized finance (DeFi). However, new fintech banks and neobanks could be more open to integrating crypto-friendly services.
LFG
