Rabobank also seems to have a conceptual platform to facilitate crypto trading, that would be the first huge bank to adopt; however, it is still far far away.
Even if they adopt, I don't see any harm caused to the market by doing so. Since everything is decentralized, they can only become a portal and never own the Dapp itself. So I would be happy if banks start owning facilitate crypto portals, since this stimulates mass adoption! The only thing I am concerned about is banks becoming whales; however, I foresee legislation filling in this issue.
RE: The Banks Can´t Beat CryptoCurrency! - But They Try To Own It!
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The Banks Can´t Beat CryptoCurrency! - But They Try To Own It!
As long as you don´t own the private keys to your wallet you actually don´t own any of your coins! That being said you might like to take a look at KYC regulations and the fact that banks will hold your keys to keep the ultimate control over your funds again after all. That´d be the exact opposite of decentralization once again...
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I know the Dutch KYC by hand, since I studied Financial Law here. I think that, if banks want to keep the private keys in store, traders will walk away from these platforms. More and more decentralized exchanges are coming to the market, thus enabling decentralization with trading. That being said, I completely agree with your statement that banks would centralize the economy, something we should not be willing te accept.
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