As if banks do not have enough on their plates, yet another challenge has arisen in the form of Bitcoin, the digital crypto-currency. At first, most banks ignored Bitcoin, but Bitcoin and other similar crypto-currencies have gained traction. Some banks are still reluctant to act, but some have jumped in in hopes of seizing early bird opportunities. KCRA spoke with Netherlands-based Moe Levin, the Chief Liaison for New Technologies at ABN AMRO Bank, about how Bitcoin is reshaping the banking world.
KCRA: How do you see Bitcoin transforming the banking world? Or, what should change-resistant banks fear?
