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Author Topic: Do you believe banks will soon get into cryptos  (Read 15762 times)

Offline bigcash2011

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Re: Do you believe banks will soon get into cryptos
« Reply #15 on: October 02, 2020, 10:08:43 PM »
This post is like 2 years old but we have not seen banks jumping into crypto yet and does not seem that they are entering anytime soon. But i do think that if banks start to offer crypto buy, sell, store and exchange services and with a traditional bank account also offer a crypto wallet, we will see rapid mass adoption of crypto coins.

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Re: Do you believe banks will soon get into cryptos
« Reply #15 on: October 02, 2020, 10:08:43 PM »

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Re: Do you believe banks will soon get into cryptos
« Reply #16 on: October 03, 2020, 12:08:38 AM »
It seems that this prediction has come true, banks have approached Ripple, central banks consider CBDCs, large companies like PayPal & Visa are also researching stable coins to serve customers...
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Offline ShadowCrypto

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Re: Do you believe banks will soon get into cryptos
« Reply #17 on: October 03, 2020, 02:52:45 AM »
In Brazil we already have some crypto banks, but the old banks will never go into crypto, they don't like it at all and are losing money because of it.

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Re: Do you believe banks will soon get into cryptos
« Reply #18 on: October 03, 2020, 03:09:39 AM »
One day it is very possible that banks will implement crypto technology. Especially if this crypto has become legal. Of course, it will be possible for the technology to be used by many projects including banks. Because I think it's actually similar to crypto technology with existing banks.
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Offline tervel

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Re: Do you believe banks will soon get into cryptos
« Reply #19 on: October 03, 2020, 04:31:24 AM »
Payments are the first and foremost use case of any banking and/or financial system. When it comes to blockchain finance, both central and commercial banks all over the world are now tapping into this new technology in terms of payment processing and potential issuing of their own digital currencies.

Offline ashraf786100

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Re: Do you believe banks will soon get into cryptos
« Reply #20 on: October 03, 2020, 07:03:12 AM »
Possibly in the near future to get into the crypto business, because if they do not. They will definitely join the crypto space in the big time and we will all be amazed that this is going to happen.
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Offline Tnoy30

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Re: Do you believe banks will soon get into cryptos
« Reply #21 on: October 03, 2020, 01:11:26 PM »
In the meantime, if we look at the cryptocurrency market, we will see that most of the cryptocurrencies are being traded with banks. There will be transactions in the future as well. Most countries in the world have approved cryptocurrencies. Has been able to transact them with the bank. So I think cryptocurrency is going to be one of the currencies in the world. Bitcoin is one of the most widely used cryptocurrencies.

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Re: Do you believe banks will soon get into cryptos
« Reply #21 on: October 03, 2020, 01:11:26 PM »


Offline ranaprime

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Re: Do you believe banks will soon get into cryptos
« Reply #22 on: October 03, 2020, 05:04:29 PM »
Definitely with in short of time banks will starts to using crypto currency. As far i know economists and the others financial advisor are trying to how to adopt it to bank and how can it control by the bank system. It will be announce soon that cryptos are using in bank.   

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Re: Do you believe banks will soon get into cryptos
« Reply #23 on: October 03, 2020, 05:54:51 PM »
Banks are already into cryptocurrency but in a different way. Some are using dapps that are operating in some known Blockchains. But soon, they would trade cryptocurrencies. That I am sure

Offline Debasco

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Re: Do you believe banks will soon get into cryptos
« Reply #24 on: October 04, 2020, 12:48:28 AM »
YES, somehow because virtually all the activities that are been done through bank are evicted with crypto due easy access of such facility by end users.
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Re: Do you believe banks will soon get into cryptos
« Reply #25 on: October 04, 2020, 01:51:58 AM »
Yes brother you are right because cryptocurrency friendly countries central banks already accepted cryptocurrency as their transaction system. Singapore, Malaysia and Japan already accepted bitcoin and others cryptocurrencies as their business payments system. Indian cental bank alow bitcoin as legally.
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Re: Do you believe banks will soon get into cryptos
« Reply #26 on: October 04, 2020, 01:02:20 PM »
"Banks will trade cryptocurrency sooner than people think", that statement not from me but from the former head of J.P. Morgan's blockchain operation says banks like her former employer could get into the cryptocurrency business imminently. "I think it's coming sooner than people probably think," says Amber Baldet, Former head of J.P. Morgan's blockchain arm. https://www.cnbc.com/2018/05/18/banks-could-start-trading-crypto-soon-says-fmr-jpmorgan-executive.html

Some speculate that sooner or later banks will partner with cryptos. What do you think, guys?

Here in my country, there is one bank here that was opened into cryptocurrency and this is Unionbank, and I agreed also that majority of the bank on which they are rejecting cryptocurrency or bitcoin will soon be change their mind to accept to their own bank for sure.
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Re: Do you believe banks will soon get into cryptos
« Reply #27 on: October 04, 2020, 01:26:34 PM »
Banks and cryptocurrencies are two opposite sides in globally economic markets. But some countries governments and agencies accept bitcoin as legally and permit cryptocurrencies besides their central banking system.

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Re: Do you believe banks will soon get into cryptos
« Reply #28 on: October 04, 2020, 02:51:39 PM »
definitely YES!

banks will soon have their own digital currencies.

And we might see crypto credit cards too!


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Re: Do you believe banks will soon get into cryptos
« Reply #29 on: October 04, 2020, 04:36:42 PM »
One day it is very possible that banks will implement crypto technology. Especially if this crypto has become legal. Of course, it will be possible for the technology to be used by many projects including banks. Because I think it's actually similar to crypto technology with existing banks.
I also believe banks will one day accept cryptocurrency; Banks in some countries have already adopted cryptocurrency; Hopefully, if the governments of other countries legalize cryptocurrency in that country, the banks there will also accept it. In addition, both central and commercial banks in many countries around the world are now using blockchain technology.
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