During an interview at the World Economic Forum held in Davos, Switzerland, Moynihan stated, ‘If regulations establish a legitimate framework for conducting business with cryptocurrencies, you can expect the banking industry to aggressively engage in transactional operations involving it.’ I aim to share insights rather than debate.
Even if banks adopted crypto payments, the volatility of cryptocurrencies might remain a concern. Stability and consumer trust are key factors, regardless of regulatory frameworks. Some still view it as too risky for everyday use. What do y’all think abt that risk factor?