My idea would be to create a bank to safely store people's bitcoin and other crypto for people who just want to hold for a lot of time.
They would register with the passport or ID, it would cost 100 GBP + 1% to deposit and verify people's identities.
Then, to withdraw, it would take 3 months, they would have to show the passport and have a meeting via zoom once a month during 3 months stating they would want to withdraw, it would cost 300 USD plus 1% of the value.
It would compensate for people who want to hold for a lot of time without having security concerns.
you should know that Bitcoin cannot be stored in banks but wallets don't get it confused. It's a digital currency and not fiat. I don't understand what the use of this, when we have centralized exchanges that has same function like you have stated. But have to know that the best way to store your Bitcoins is by your self, in non custodial wallets and offline. Don't store your coins with third parties NOT YOUR KEY NOT YOUR COINS. With this idea you've stated, peoples funds might be at risk as it's not even secured or safe way to store for a long term. They would register with the passport or ID, it would cost 100 GBP + 1% to deposit and verify people's identities.
Then, to withdraw, it would take 3 months, they would have to show the passport and have a meeting via zoom once a month during 3 months stating they would want to withdraw, it would cost 300 USD plus 1% of the value.
It would compensate for people who want to hold for a lot of time without having security concerns.