COINPURO - Crypto Currency Latest News logo COINPURO - Crypto Currency Latest News logo
Coinpaper 2026-02-22 10:06:27

From Snub to Scramble: Banks’ Bitcoin Gold Rush

Banks Ignored Bitcoin. Now They’re Fighting for It Once dismissive of Bitcoin and cryptocurrencies as risky or illegitimate, traditional banks are now rushing into the digital asset space. From skeptics in 2017 to active participants in 2026, this dramatic shift highlights how crypto is redefining global finance, says analyst VinCoop. Well, Neobanks are feeling the squeeze as users treat them as mere salary transit points, swiftly moving funds to crypto exchanges to buy Bitcoin, Ethereum, and other assets. This outflow has hit liquidity, lowered average balances, and eroded customer retention, forcing the sector to adapt fast, just as Bitcoin’s Lightning Network surpasses $1B in monthly volume. Specifically, financial giants including AMEX, PayPal, Visa, JPMorgan, and BlackRock are aggressively hiring blockchain and crypto experts, signaling a shift from skepticism to strategic adoption. These institutions aren’t just offering custody, they’re building the infrastructure to retain crypto-savvy clients, unlock new revenue streams, and compete with fintech and decentralized finance platforms. The High Stakes of Bitcoin Adoption in Traditional Finance Bitcoin , now trading at $68,060 per CoinCodex data, is no longer just a speculative asset, it’s a benchmark for modern finance. Institutional adoption signals banks’ push to reclaim deposits, drive transactions, and engage a digital-native generation. The market also shows signs of reverting to its traditional four-year cycle. Well, VinCoop observes that crypto adoption is as much cultural as technological. Banks are adapting to volatile markets, complex regulations, and innovative digital products, reshaping traditional models to stay relevant. Bitcoin is no longer optional, once-skeptical institutions now view it as essential, fueling a high-stakes race for a rapidly expanding market. Conclusion Bitcoin’s rise and major banks’ rapid pivot signal a seismic shift in global finance. What was once seen as speculative is now strategic. Early adopters can reclaim capital, attract new clients, and secure the future of money, signalling that digital assets have moved from fringe speculation to core strategy.

Most Read News

coinpuro_earn
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.