Banks, once wary of cryptocurrencies, are increasingly adapting to the digital asset landscape as demand from both retail and institutional clients grows. Many traditional financial institutions are exploring blockchain technology for faster, more secure transactions, while some are integrating crypto custody, trading, and payment solutions into their services. This shift is driven by competitive pressure from fintech companies, regulatory clarity in certain jurisdictions, and the realization that digital currencies—whether decentralized like Bitcoin or government-backed CBDCs—are becoming a permanent fixture in global finance. By embracing crypto rather than resisting it, banks aim to maintain relevance, attract younger tech-savvy customers, and position themselves at the forefront of the evolving financial ecosystem.
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