Why many banks hate cryptocurrency ?

[coinnumber]

No bank hate Bitcoin just that they are protecting their jobs by not losing their customers to online business which will rather them jobless, since Bitcoin has no regulatory authority or agencies to be hold responsible for any damage caused by cryptocurrency that's the reason why government are mostly afraid of cryptocurrency.

[Sand King]

I have seen many news about banks banning bitcoin from using. But I think bitcoin is a great technology and future assets, and its a great opportunity for banks also to use bitcoin as a contribution. My question is why does they ban it rather than use bitcoin ?

 Well maybe they see the future where bitcoin replaced banks. Those  Banks thinks  bitcoin is a threat to them so they banned bitcoin to be used.  They want to avoid the possibility that bitcoin can replace banks

[Che454010]

because banks are afraid that bitcoin will take away from them a very profitable business, money transfers in the Bank are much more expensive

[hcoin01]

Blockchain! That's the only reason.
Thanks to this system, coin transfer is very easy and fast. Bank transfers are very expensive compared to crypto stock exchanges. For this reason the banks are against the crypt money.
Live bitcoin!s