>they have to interface with both worlds by definition
Not necessarily. See the existence of crypto-only exchanges like Binance. In fact, I think that's the default form of crypto market.
Anyway, there's quite a leap between being a middleman for trades, and emulating a traditional bank with all its associated services.
Considering the volatility of crypto currencies, plus the tendencies of crypto companies to go bust or simply disappear, what is the value of not just going with a regular bank?
Not necessarily. See the existence of crypto-only exchanges like Binance. In fact, I think that's the default form of crypto market.
Anyway, there's quite a leap between being a middleman for trades, and emulating a traditional bank with all its associated services.
Considering the volatility of crypto currencies, plus the tendencies of crypto companies to go bust or simply disappear, what is the value of not just going with a regular bank?