https://www.cryptonewsbulls.com/2018/02/28/rabobank-rabobit-announces-crypto-wallet/Aaaaand another bank bites the dust. This time it’s Dutch multinational bank Rabobank that jumps on the cryptocurrency bandwagon. The Utrecht headquartered Rabobank announced an integrated cryptocurrency wallet called Rabobit. According to the brand spanking new website it will become a wallet that’s “hosted by a trusted party and within the secure online banking environment”.
I think some banks are realising that they either embrace crypto and offer online wallets themselves, or Coinbase will take over the space and do to them what Amazon did to the retailers.
Banks should come up with something to let people store larger amounts of crypto, if they need. You don't want to walk the streets with your life saving in your pocket on a Ledger Nano S.
Average people needs something/somebody to trust to store their coins yet, because they are afraid of losing them because of anything like hardware fault, private key problem, etc. In a bank, you can identify yourself with your state issued ID card and you are allowed to use your funds as you wish.
So for the average people banks would be a good balance to handle cryptos. For the crypto experienced people, this service of the banks are useless...