Banks Are Quickly Warming to Blockchain & Cryptocurrency Services

For several years banks have eyed the crypto movement with fear and distrust. Crypto’s ability to undermine much of their business model should no doubt be concerning to them, but at the same time cryptocurrency opens doors to new possibilities. The simple fact that decentralized blockchain assets are now a permanent part of the financial landscape should be reason enough for banks to embrace the technology, and now many are beginning to do so.
Although crypto advocates have long asserted