Why banks don't like digital currencies

By Paul Tiley. Co-Founder & CTO coinpass.com

It is no secret that the traditional finance world consisting of its high street banks,
Neo/challenger banks or even regulated companies don’t like or are suspicious
of digital currencies. Some of the reasons why though, might surprise you.
FinTech companies, as the name suggests, is the marriage of “Finance &
Technology”. Both of these sectors need to co-exist and operate in the finance
world together, resistance to this marriage, in the long run, is futile. As
popularity for blockchain and cryptocurrencies products grow, attention from
regulators & governments are beginning to increase.
What’s needed now is increased creditability from coins and the Fintech companies themselves.

Read the full article at: https://blog.coinpass.com/blog/why-banks-dont-like-digital-currencies

Learn more about crypto, blockchain and trading at our blog: https://blog.coinpass.com
Ready to invest in crypto? Signup for your free trading account today at coinpass.com
Twitter: https://twitter.com/coinpassglobal
Blog: https://blog.coinpass.com
Medium: https://medium.com/@coinpass
Facebook: https://www.facebook.com/coinpassglobal
Linkedin: https://www.linkedin.com/company/coinpass
Youtube: https://www.youtube.com/c/coinpassglobal
Telegram: https://t.me/coinpassglobal
Web: www.coinpass.com
Instagram: https://www.instagram.com/coinpassglobal

coinpass Cryptocurrency Trading, Investment and Fiat on/off ramp Platform. www.coinpass.com