Banks to start trading crypto sooner

[Odlanyer]

It's a good news if banks are trading crypto sooner but don't expect to much we all know some of countries are not accept bitcoin to their country so perhaps it impossible to happen.

[TooDumbForBitcoin]

If it is true that banks are launching quick crypto trading, Then worldwide cryptocurrency and blockchain will be used. One of the main reasons is that the banks are starting trading in BTC. Due to the start of trading of banks, the price will increase greatly and people will use it as exchange and transaction and payments.

It is true! Many announcements has been done. One of the latest's was from Swiss stock exchange. Market's development is positive actually.

[Nakakapagpabagabag]

It's a good news if banks are trading crypto sooner but don't expect to much we all know some of countries are not accept bitcoin to their country so perhaps it impossible to happen.

Dont think so that banks will accept bitcoin trading. Its impossible because bitcoin is decentralized, it cannot be controlled or manipulated. All the money in the banks are being manipulated, so bitcoin trading in the banks is impossible. And i believe the government will not allow this to happen, because as what i stated before, they cant control and manipulate it.

[jojohamasa]

Good news from an experienced man
Such news gives a kind of positive when it increases
And when you are from people concerned
More of this news is good for the medium and long term market

[btcCoincart]

The future of crypto until now is not good enough for new investors put their money into the market. If there are some people who want to get the market up, they need to invest much money first. I'm still waiting, still hope that my altcoins and bitcoins will get up

[Charles Warren]

Maybe. But if banks already bought assets, wouldn't we see it? Ledger is transparent and people like them would be transacting in hundreds of millions if not billions.

[Peter Bailey]

Most coins in the market are cheap right now compared to their ATH's. Banks trading crypto will skyrocket all coins past previous all time highs.

[131tc01n]

looks good but not as easy as it seems, someone can plan, but not as easy as it is planned, but if it manifests it will raise the value of cryptocurency, it's time to buy bitcoin to invest

[piterpie]

Indeed it is very true that for now it is very appropriate to make the purchase of bitcoin or other crypto, and I believe that soon cryptocurrency prices will rise again.

You're right. This is the time to buy bitcoin and altcoin at the lowest price this year, the market today is rising by the good news and prices will increase more in August when the ETF is accepted.

[brylle34]

Banks will trade cryptocurrency sooner than people think, says former JPMorgan blockchain executive. If you are thinking to buy some bitcoins, it is right time as prices will go up soon.

Source: https://www.cnbc.com/2018/05/18/banks-could-start-trading-crypto-soon-says-fmr-jpmorgan-executive.html

There are banks that already accepts bitcoin now a days, banks also accepting transaction related to bitcoin some of them connects with third party companies who converts bitcoin to fiat currency.
click the link for mor info https://www.quora.com/What-banks-do-accept-bitcoin

[quipho]

I would like banks in my country to do the same to increase their profits. But they are acting as puppets in hand of government.

[NelfiNovita]

good news for all cryptocurrency markets because the crypto market becomes special with the existence of a financial institution that understands the crypto market, so it will support for the rising price of cryptocurrency and the increasing number of investors for crypto.

[Erul13]

Indeed it is very true that for now it is very appropriate to make the purchase of bitcoin or other crypto, and I believe that soon cryptocurrency prices will rise again.

Yes the fact that Facebook is also planning to launch its own coin will also help. This really proves the potential of crypto as even leading companies want to earn from the increasing popularity and acceptance of crypto.

It will make crypto popular worldwide and we will get a number of new investors.

indeed facebook news will release a new crypto very helpful. and if indeed banks can use digital currencies to be in their system is very potential for technological progress. hopefully everything is getting better in the future.

[Ramonranger]

Cryptocurrency are already use by some banks of the philippines as payment so their possibility that many bank will follow soon depends on How BITCOIN introduced its function by the developher to introduce the advantages on having this kind of digital currency to their economy.

[batang_bitcoin]

Cryptocurrency are already use by some banks of the philippines as payment

What's the banks name? AFAIK it's only blockchain technology but not crypto's.

so their possibility that many bank will follow soon depends on How BITCOIN introduced its function by the developher to introduce the advantages on having this kind of digital currency to their economy.

I doubt it that they will convey to crypto's, it's risky and they know about it although they can adopt blockchain technology.

[Sanjida]

I think there are some banks already start trading crypto.the only reason crypto market is currently exoteric many sect and bourn.but i think this status will be variation and all bank will clinch crypto.

[Aponkye1]

This is an incredible news because there have been several criticisms against cryptocurrencies and the mother coin itself so it is very relieving to hear that the the banks would accept and start to trade in cryptocurrencies. This would help in pioneering the long awaited motive of the crypto community in making bitcoin a legalized mode of payment.

[RasicaOla12]

Actually I have not heard the e-banking transaction information if it is true, I will be happy as well as it will motivate me to have the motivation to continue to invest e-money.

[cunese]

Coinbase is beginning to support more encrypted transactions, which already means that Banks and the U.S. government are supporting encrypted transactions, so encryption should become more popular.

[carlisle1]

Banks will trade cryptocurrency sooner than people think, says former JPMorgan blockchain executive. If you are thinking to buy some bitcoins, it is right time as prices will go up soon.

Source: https://www.cnbc.com/2018/05/18/banks-could-start-trading-crypto-soon-says-fmr-jpmorgan-executive.html

Some banks now are studying how to apply blockchain in their system

And this thread telling us that banks is adapting on our community and knows where they need to stands since if they dont do ,business will continuously drops until time comes they died because most of their clients are turning to cryptocurrency