Yes, banks are simply loosing clients, cause of now people have higher profit from cold storage in crypto currencies, online exchangers suggest much better prices and lower fees, with organization of ICOs companies do not need take loans in banks to succeed. There are many other little things which make to bank big competition, that's why banks are warning people from crypto currencies use and so on.
Their funds are reduced because of cryptocurrency that's why they treat it as a competitor. They see that some people are getting interested into it that's why when they track that someone is earning from cryptocurrency or simply depositing to some exchange, they would suspend the account of that person. Sooner or later, when more people started to adapt cryptocurrency, it would just come back to them because people would opt to keep their own money so they would continue to lose more customers and maybe even go bankrupt if they will continue what they are doing.
Yes, banks are simply loosing clients, cause of now people have higher profit from cold storage in crypto currencies, online exchangers suggest much better prices and lower fees, with organization of ICOs companies do not need take loans in banks to succeed. There are many other little things which make to bank big competition, that's why banks are warning people from crypto currencies use and so on.
Cryptocurrencies give us a cost-saving transactions and faster too that's why banks do not want people to get involved with it. Those who are just willing to take the risk may benefit in the future.
