{"id":531,"date":"2026-02-01T10:00:00","date_gmt":"2026-02-01T09:00:00","guid":{"rendered":"https:\/\/kriptoblog.hu\/?p=531"},"modified":"2026-03-02T14:13:50","modified_gmt":"2026-03-02T13:13:50","slug":"kripto-bankszektor-szovetseg","status":"publish","type":"post","link":"https:\/\/kriptoblog.hu\/en\/kripto-bankszektor-szovetseg\/","title":{"rendered":"Cryptocurrencies and Banking: From Enemy to Ally?"},"content":{"rendered":"

Cryptocurrencies and banks: from enemies to allies?<\/h2>\n

Bitcoin launched in 2009 as an alternative to the banking system<\/strong>. Satoshi Nakamoto coded the famous headline into the genesis block: \"The Times 03\/Jan\/2009 Chancellor on brink of second bailout for banks.\"<\/em> In 2026, the situation is more complex: banks are not enemies but increasingly participants<\/strong> in the crypto ecosystem.<\/p>\n

Banks' crypto integration<\/h2>\n

Custody services<\/h3>\n

Major banks offer crypto custody to their institutional clients:<\/p>\n

    \n
  • BNY Mellon:<\/strong> The world's largest custody bank has offered Bitcoin and Ethereum custody since 2022<\/li>\n
  • State Street:<\/strong> Digital asset custody under development<\/li>\n
  • Standard Chartered:<\/strong> Joint crypto custody with Brevan Howard (Zodia Custody)<\/li>\n
  • Deutsche Bank:<\/strong> Announced its crypto custody service in 2024<\/li>\n<\/ul>\n

    Trading services<\/h3>\n
      \n
    • Goldman Sachs:<\/strong> OTC crypto desk for institutional clients<\/li>\n
    • JPMorgan:<\/strong> After developing the Quorum blockchain, the Onyx platform manages tokenized assets<\/li>\n
    • Morgan Stanley:<\/strong> Bitcoin ETF access for wealth management clients<\/li>\n<\/ul>\n

      Stablecoin and payment projects<\/h3>\n
        \n
      • JPMorgan JPM Coin:<\/strong> A stablecoin used for institutional settlements<\/li>\n
      • PayPal PYUSD:<\/strong> PayPal's own stablecoin on Ethereum and Solana<\/li>\n
      • Soci\u00e9t\u00e9 G\u00e9n\u00e9rale EURCV:<\/strong> Euro stablecoin on Ethereum<\/li>\n
      • Visa and Mastercard:<\/strong> Stablecoin settlement experiments<\/li>\n<\/ul>\n

        The reasons for the paradigm shift<\/h2>\n

        1. Customer demand<\/h3>\n

        Bank customers \u2013 individuals and institutions \u2013 want crypto access<\/strong>. If the bank doesn't provide it, they'll look elsewhere.<\/p>\n

        2. Revenue opportunity<\/h3>\n

        Crypto custody, trading, and tokenization opens new revenue streams<\/strong> for banks \u2013 fees, spread, advisory.<\/p>\n

        3. Technological innovation<\/h3>\n

        Blockchain technology can make banking processes more efficient:<\/p>\n

          \n
        • Settlement:<\/strong> T+0 (instant) vs. current T+1 or T+2<\/li>\n
        • Tokenization:<\/strong> Securities, bonds in tokenized form<\/li>\n
        • SWIFT alternatives:<\/strong> Chainlink CCIP and other protocols offer more efficient interbank communication<\/li>\n<\/ul>\n

          4. Competitive pressure<\/h3>\n

          A neobanks<\/strong> (Revolut, N26) and crypto-native companies (Coinbase, Circle) already offer crypto services \u2013 traditional banks<\/p>\n

          The Hungarian situation<\/h2>\n
            \n
          • The Hungarian banking sector is still cautious<\/strong> about cryptocurrencies<\/li>\n
          • The MNB<\/strong> is preparing the MiCA implementation<\/li>\n
          • A Revolut<\/strong> and similar fintechs already offer crypto trading to Hungarian customers<\/li>\n
          • Direct crypto services from Hungarian banks are still pending<\/li>\n<\/ul>\n

            Tokenized financial instruments<\/h2>\n

            The biggest development is the Real World Assets (RWA)<\/strong> tokenization:<\/p>\n

              \n
            • BlackRock BUIDL:<\/strong> Tokenized treasury fund on Ethereum \u2013 $500M+<\/li>\n
            • Franklin Templeton:<\/strong> Tokenized US government bond fund \u2013 on Stellar and Polygon<\/li>\n
            • Ondo Finance:<\/strong> Tokenized money market instruments with DeFi access<\/li>\n<\/ul>\n

              According to Boston Consulting Group estimates, the tokenized assets market could reach $16 trillion by 2030<\/strong>.<\/p>\n

              Tension points<\/h2>\n
                \n
              • DeFi vs. TradFi:<\/strong> The worldviews of decentralized finance and traditional banks are fundamentally different<\/li>\n
              • De-banking:<\/strong> Some banks still freeze crypto-related accounts<\/li>\n
              • CBDC question:<\/strong> Digital central bank money would reach users without intermediaries \u2013 this could threaten the banking sector<\/li>\n
              • Self-custody vs. custody:<\/strong> Bank custody services centralize exactly what Bitcoin was designed to decentralize<\/li>\n<\/ul>\n

                Summary<\/h2>\n

                The relationship between banks and cryptocurrencies has moved from confrontation to cooperation<\/strong> . This doesn't mean banks have \"switched\" \u2013 rather, they're adapting to a changing world. Bitcoin's orig<\/p>\n

                Banks aren't adopting crypto because they love it \u2013 but because their customers do.<\/em><\/p>\n

                \u26a0\ufe0f Legal disclaimer:<\/strong> This article is for informational purposes only and does not constitute investment advice. All investment decisions are made at your own risk.<\/p>\n

                <\/p>","protected":false},"excerpt":{"rendered":"

                Kriptovalut\u00e1k \u00e9s bankok: ellens\u00e9gb\u0151l sz\u00f6vets\u00e9ges? A Bitcoin 2009-ben \u00fagy indult, mint a bankrendszer alternat\u00edv\u00e1ja. Satoshi Nakamoto a genesis block-ba k\u00f3dolta a h\u00edres c\u00edmet: \u201eThe Times 03\/Jan\/2009 Chancellor on brink of second bailout for banks.” 2026-ban a helyzet \u00f6sszetettebb: a bankok nem ellens\u00e9gei, hanem egyre ink\u00e1bb r\u00e9sztvev\u0151i a kripto-\u00f6kosziszt\u00e9m\u00e1nak. A bankok kripto-integr\u00e1ci\u00f3ja Custody szolg\u00e1ltat\u00e1sok A nagy […]<\/p>\n","protected":false},"author":1,"featured_media":574,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,1],"tags":[4,114,167,46,137,150,29,158,141,155,153,113,148,151,136,129],"class_list":["post-531","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hirek","category-kereskedes","tag-bitcoin","tag-blockchain","tag-cbdc","tag-coinbase","tag-defi","tag-etf","tag-ethereum","tag-europa","tag-jovokep","tag-magyarorszag","tag-mica","tag-satoshi-nakamoto","tag-solana","tag-stablecoin","tag-szabalyozas","tag-usa"],"_links":{"self":[{"href":"https:\/\/kriptoblog.hu\/en\/wp-json\/wp\/v2\/posts\/531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kriptoblog.hu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kriptoblog.hu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kriptoblog.hu\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kriptoblog.hu\/en\/wp-json\/wp\/v2\/comments?post=531"}],"version-history":[{"count":1,"href":"https:\/\/kriptoblog.hu\/en\/wp-json\/wp\/v2\/posts\/531\/revisions"}],"predecessor-version":[{"id":575,"href":"https:\/\/kriptoblog.hu\/en\/wp-json\/wp\/v2\/posts\/531\/revisions\/575"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kriptoblog.hu\/en\/wp-json\/wp\/v2\/media\/574"}],"wp:attachment":[{"href":"https:\/\/kriptoblog.hu\/en\/wp-json\/wp\/v2\/media?parent=531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kriptoblog.hu\/en\/wp-json\/wp\/v2\/categories?post=531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kriptoblog.hu\/en\/wp-json\/wp\/v2\/tags?post=531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}