Will banks adopt cryptocurrency?

With the consistent increase of people investing in and spending cryptocurrency over the past few years, it's no surprise that a number of industries have acknowledged its importance in our present and future. And banks are no exception; in recent months, more and more banks have announced their plans to adopt cryptocurrency.

Are banks becoming crypto-friendly?

Because of this, a number of banks are now becoming crypto-friendly—such as the Royal Bank of Scotland. In countries where crypto is both legal and on the rise, it makes sense that banks want to ensure they hold a solid place in the future of their national economy.

Could crypto be a roadblock to widescale adoption by banks?

So, banks may be wary of this risk, and it could stand as a roadblock to widescale adoption of crypto by banks on a global scale. With more and more banks adopting crypto in one way or another every year, there's no doubt that crypto will continue to grow within the banking industry over the coming decades.