#Cryptocurrencies like #Bitcoin and Ethereum have gained popularity and legitimacy in recent years, they are still a relatively new and untested asset class. This means that there is a lot of uncertainty and volatility associated with cryptocurrencies, which can present risks for banks.


Banks that support cryptocurrency will need to stay up-to-date on regulatory changes and ensure that they are complying with all applicable laws and regulations. Another challenge is the volatility of the cryptocurrency markets. Cryptocurrencies are known for their extreme price fluctuations, which can create risks for banks that hold these assets on their balance sheets.


As per the report, many banks are already making significant investments in cryptocurrency and blockchain technology, and see these assets as an important part of the future of finance.


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Will Banks supporting Crypto Currency have tough time ahead ??.