According to Patrick Sells, head of bank solutions at NYDIG, hundreds of banks have already signed up to the project.
Until now, bitcoin holders have had to use apps like Robinhood, online payment services like PayPal and Square, or cryptocurrency brokers like Coinbase for their transactions.
With interest rates still at record lows and banks seeking to make any kinds of profits, this may well just be an expensive pill that they are forced to take, with the hope of better times ahead.
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