Banks to start trading crypto sooner

[LankaJay]

Revolutionary things will happen sooner. People has just started adapting to the blockchain technology and crypto currencies. Once banks started trading crypto you will see how many people will come to the field. It will be unstoppable then.

[ningo]

First of all let me express how glad I am to be here in the first place so that I can grow with cryptocurrency. So by the time all people see the need to be here,I will be a richman hehe.Well this will be great for us in the cryptocurrency industry. It has great potential for us inhere so we are happy and pray that the world see the reasons why they should turn their attention here for better results.

[richardson1128]

i just don't know how the trend wasn't able to keep on its highest place. In the 1st place everything is starting to partner up with bitcoin and altcoins. Gaming community recently did the same strategy, I think someday after all these partnering part will be a good start again for bitcoin.

[Marcommaso]

Have you heard about ETF? Seems to be a financial good tied to BTC, in which people doesn't need wallet or coinbase\exchanges account because it will be sold by banks. What do you think about it?

[jayyen]

The earlier the better if such banks begin to see that the light in cryptocurrency is fast spreading like wild fire because people all over the world are liking this industry. So if any bank wants to survive the future in this business industry then that bank needs to be able to adapt to change .So that they can make future progress.

[Kotone]

The earlier the better if such banks begin to see that the light in cryptocurrency is fast spreading like wild fire because people all over the world are liking this industry. So if any bank wants to survive the future in this business industry then that bank needs to be able to adapt to change .So that they can make future progress.

in my country, cryptocurrency are allowed to exchange in fiat money in bank. but as for return they need to refulate the flow of cryptocurrency in their country to maintain the banks worth. it is good to have that country like this because the other countries not allwed it and in the worst case, they banned it.

[MI6]

The earlier the better if such banks begin to see that the light in cryptocurrency is fast spreading like wild fire because people all over the world are liking this industry. So if any bank wants to survive the future in this business industry then that bank needs to be able to adapt to change .So that they can make future progress.

in my country, cryptocurrency are allowed to exchange in fiat money in bank. but as for return they need to refulate the flow of cryptocurrency in their country to maintain the banks worth. it is good to have that country like this because the other countries not allwed it and in the worst case, they banned it.

too bad in my country bank is againts bitcoin and they not allow bitcoin to be payments. but luckily people still allowed to use it as digital asset with our own risk and my people still can trade bitcoins in market

[imrul5]

Banks are the backbone of any financial market. Without banks no business and countries can live at this modern age. If banks start using BTC or cryptocurrency then it will be a revolution in the cryptocurrency Platform.  The sooner banks use BTC the better for the cryptocurrency market.

[jossiel]

Okay I'm getting the picture here, if you have heard the latest news about mastercard adopting cryptocurrencies.

Mastercard has a new patent that could allow bitcoin transactions on credit cards

We can see the clear picture of it that very soon banks will totally make themselves involve to cryptocurrency, loan cryptos, trade cryptos, buy and sell cryptos and other banking services.

[darksanya]

banks are already well-established structures. they are reluctant to accept crypto-currencies, so you will have to wait for some qualitative positive examples, so that banks begin to trade them and implement a blockchain in their work.

[Leezee]

More and more financial institutions are beginning to understand the cryptocurrency market.
The good news for the whole market is that the cryptocurrency market is becoming more specialized and regularized.

i believe many people that opposed bitcoin was as a result of lack of knowledge of the system

[AristoteI]

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

Very good news, especially because it sounded from the mouth of the one who recently expressed a negative attitude towards crypto and bitcoin. This means that in the near future anyone can buy crypto-currencies right in his bank in his hometown.

[posi]

banks are already well-established structures. they are reluctant to accept crypto-currencies, so you will have to wait for some qualitative positive examples, so that banks begin to trade them and implement a blockchain in their work.

Yes, banks are already firmly established business setting but no every banks are reluctant to accepting Crypto currency cause we already have some banks in Japan, Canada, Malta, EU region and in Korea I guess thats accepting bitcoin. However, I believe the main problem of banks not accepting Bitcoin the government.

[spider15]

If ever thats true, that is a big news for cryptocurrency. It is a great development for all cryptos out there. If that is really happening, crypto will be more accessible to everyone.

[Adamant06]

If ever thats true, that is a big news for cryptocurrency. It is a great development for all cryptos out there. If that is really happening, crypto will be more accessible to everyone.

That's right crypto will be more accessible to everyone and transactions may be faster than normal. But if that will happen soon then we can avoid the fact that the government will make their move. There are big possibilities that it will be centralized. Well then see what will happen sooner or later.

[luckybit1]

Some banks are not accepting crypto because of governmental issues . But in some countries banks already trading crypto...I think in the near future banks are going to be trading crypto.

[AlexAtom]

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

But this is just some people prediction, i thought it is the news from bank themself.
I am agree that many companies will using crypto in the future. If almost every peoples and companies using crypto,
then banks will follow to using crypto too, because they dont want to lose their users.

[gesdan]

is it true? I think if bitcoin want to start to accept bitcoin in a country, the bank need approval from the government about it, because if the all currency that circulated in a country need to watch by government so the inflation is not happening if there are not policy about bitcoin in a country i think that bitcoin can't be used in a bank

[crzy]

is it true? I think if bitcoin want to start to accept bitcoin in a country, the bank need approval from the government about it, because if the all currency that circulated in a country need to watch by government so the inflation is not happening if there are not policy about bitcoin in a country i think that bitcoin can't be used in a bank

This might be true or not but I know this will happen someday. Banks really needs its government to approve this kind of move but some of the banks are still not accepting cryptocurrency as a legal currency.

Okay I'm getting the picture here, if you have heard the latest news about mastercard adopting cryptocurrencies.

Mastercard has a new patent that could allow bitcoin transactions on credit cards

We can see the clear picture of it that very soon banks will totally make themselves involve to cryptocurrency, loan cryptos, trade cryptos, buy and sell cryptos and other banking services.

Banks will soon adopt the system and for sure some banks will create its own coin, this is a great revolution I've ever witnessed, Cryptocurrency for a better future.

[Iceblast]

is it true? I think if bitcoin want to start to accept bitcoin in a country, the bank need approval from the government about it, because if the all currency that circulated in a country need to watch by government so the inflation is not happening if there are not policy about bitcoin in a country i think that bitcoin can't be used in a bank

bitcoin used banks is a thing that I think will be difficult, but if the government approves the policy by examining more deeply about the negative effects and positive effects of bitcoin I think could be the advancement of cryptocurrency entering the banking world even though inflation risks can be threatening at any time.