It is no secret that the relationship between traditional banking institutions and the cryptocurrency industry has been a rocky one. While some banks have embraced this new technology, others remain skeptical and cautious. As a result, even well-respected exchanges such as Binance.US may encounter difficulties securing banking partners to handle customer deposits.
While such challenges may cause a temporary disruption of services such as Apple Pay and Google Pay, I have faith that the cryptocurrency industry will continue to evolve and adapt to meet these challenges. Despite current roadblocks, I am absolutely convinced that the decentralized revolution we are seeing now with Bitcoin and other cryptocurrencies is unstoppable.