Because of the fear that cryptocurrency will replace the traditional legal currency, central banks in various countries are keeping away from Bitcoin.
As the world's most well-known cryptocurrency, Bitcoin's total market value has now exceeded one trillion U.S. dollars, with a daily turnover of up to 20 billion U.S. dollars. Because of the fear that cryptocurrency will replace the traditional legal currency, central banks in various countries are keeping away from Bitcoin.

Because of this, cryptocurrency transactions, including Bitcoin, are conducted on third-party platforms. Although the transaction fees alone have made the major trading platforms earn a lot of money, there are still news of third-party trading platforms running away with money from time to time.

Recently, according to the New York asset management firm Stone Ridge subsidiary, said the company has the financial and technology giants Fidelity National Information Services (FIS) cooperation, the Bank of America could begin to provide services for Bitcoin transactions in the coming months, the current Hundreds of small banks have joined this project.

Banks provide cryptocurrency transaction services, which is good news for both the bank and its customers. Banks can earn a lot of fees, and users can also conduct bitcoin and other cryptocurrency transactions on a more secure platform. activity!
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