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Fernando Nikolic, founder at Perception, raises concerns about the changing approach of traditional banks toward cryptocurrencies. While banks previously warned the public about the dangers of holding digital assets, Nikolic observes that many are now entering the crypto custody business and charging custody fees to hold users' keys.
He points out the irony in this shift, emphasizing how institutions that once discouraged retail involvement now seek to profit by acting as custodians.
Nikolic has previously highlighted how some traditional banks actively opposed regulatory measures such as the Clarity Act to maintain their existing advantages, as seen in his critique of banking stances on crypto legislation. In separate research, he found that Bitcoin owners with 2 to 6 BTC report higher satisfaction than those holding larger amounts. His recent comments continue to track shifting behaviors and attitudes among both banks and retail crypto holders.