Interesting news! I wonder, how will these services look for average bank customers? I imagine one would be able to buy cryptocurrencies from the bank as an investment and they would hold them for you? This bring an interesting topic of discussion: if the banks offer this service, will they be responsible to educate people about the use of cryptocurrencies? (Private wallets, transfers, gas fees, etc...). Will it work similar as with the current crypto exchanges like Binance?
Right now the only option I have to invest in cryptocurrencies in my bank is buying an index fund that is related to Bitcoin but that does not make me own any crypto itself. So this is definitely a cool development!
RE: America's Oldest Bank, the First to Crypto