2013-07-09 Euromoney: Banks and Bitcoin convergence unlikely anytime soon

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Banks remain disinterested or wary of Bitcoin but there is a growing acknowledgement that the digital currency’s popularity cannot be overlooked indefinitely, if a recent gathering of the faithful is anything to go by. From trade to settlement, Bitcoin offers plenty of opportunities – and threats – for banks.

http://www.euromoney.com/Article/3228013/Worlds-apart-banks-and-Bitcoin-convergence-unlikely-anytime-soon.html

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Banks remain disinterested or wary of Bitcoin but there is a growing acknowledgement that the digital currency’s popularity cannot be overlooked indefinitely, if a recent gathering of the faithful is anything to go by. From trade to settlement, Bitcoin offers plenty of opportunities – and threats – for banks.

Meanwhile, here in North America banks may appear disinterested - but regularly close business accounts related to any commercial bitcoin activity.