How Banks Adopt Cryptocurrencies

Victor Osetskyi
EXISTEK
Published in
2 min readNov 30, 2017

The new age of cryptocurrencies is booming than most could imagine and like every emergence of a succeeding development, many want to get involved with it. However, this can be difficult especially if the aim is to get rid of you. Cryptocurrencies’ main agenda has been to exclude the middlemen who this time is the central banks.

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TABLE OF CONTENT

  • How Cryptocurrencies Affect Central Banks
  • How Banks Can Adopt Cryptocurrencies
  • How Official Financial Institutes May Benefit From the Digital Currencies
  • In Conclusion

Even with the promised threats of the fall of digital coin made by the central banks while trying to protect their operations, the online digital currencies have swiftly scaled up at the financial institutions watch. It has thus become impossible for them to ignore the new era of virtual money.

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What do you think about blockchain and cryptocurrencies in regards to central banks? Leave your comments or questions below and our team will be happy to start a conversation.

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Victor Osetskyi
EXISTEK

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