I second the opinion pamlek here! Banks have now realized that cryptos can't be stopped by passing a regulation in favor of the banks. So as a precautionary measure, they have decided to become a part of the ecosystem with controlling interest! Even though this service is not designed for the common mass, but carries a significant risk to cryptos. The power of common people should stay in the hand of common people.
Obviously, it is about time they knew they have lost the power and control gradually, and for what it is worth, now that people are beginning to get their eyes opened, I guess they will feel threatened the more with the crypto space in the long run, and this simply shows how confuse they are, coming up with different means of still managing to stay in the spotlight.
Unfortunately, it won't be that simple, as that would take a non-smart company or big institution to want to give banks the benefit of doubt to keep their cryptocurrency.
Why will I ever want to do that even as a person when I can easily be my own bank or when I am actually my own bank ?As confused as the banks are, it seems they just cannot get their priorities right.
