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The French side made another big move.
BPCE, France's second-largest bank, directly opened crypto transactions to its millions of users. In other words, users will be able to buy and sell crypto assets in their bank accounts in the future, without having to go to the exchange to toss around.
Behind this is actually quite interesting:
First, the pace of crypto supervision in Europe is really accelerating, and the road to compliance is getting clearer and clearer.
second, the entrance of traditional funds has been torn open, and those conservative funds that were not at ease with the exchange in the past now have new choices;
Third, the attitude of institutions has changed - from watching to personally ending up, which shows that they have really begun to take the market seriously.
Of course, banks come in with a bunch of rules and restrictions. But the trend is there: traditional finance is being forced to shake hands with the blockchain world, and the process is irreversible.
$ETH $XRP
The people of traditional finance are finally cowardly, and we have to teach them how to play
Now that conservative funds enter the market, I am a little worried about whether they will buy the bottom and smash the market
Wait, how outrageous the restrictions and fees of BPCE are, or the freedom of the exchange
Millions of users are about to pour in? You have to be mentally prepared to welcome the aunt into the venue
The irreversible trend sounds good, but the key is whether it can bring any actual benefits to the currency price