I think they were happy to regulate the issue of Crypto-currency. As soon as they are given an official status.
Nope, you are wrong. The banks will never be happy with any kind of competition for their monopolistic exploitation. Why would you be happy if a competing technology wants to replace you with features that will give the unbanked access to the financial world and undercut your service with cheaper transactions and near instant international transfers? < after the scaling solutions are in place >
The only reason why banks survive is because they have the backing of the government. < As seen, when they were bailed out during the last economic collapse, when tax payers money were used to bail them out. > ^grrrrrrrrr^
