Can’t beat them, join them. After stonewalling cryptocurrencies and firms, banks are now coming around to the cryptocurrencies. Indian bankers, which are not ready to touch crypto even with a barge pole following the regulator’s reluctance over cryptos, can parse the American Bankers’ Association’s ( ABA ) report on how lenders can partner from the new-age currency. The ABA report The American Bankers’ Association (ABA) has issued a new report that suggests banks consider partnerships with crypto firms based on the increased profitability of the sector and client interest. The ABA further suggests crypto use cases for banks with revenue models and regulatory issues for each use case. “Cryptocurrency markets are rapidly evolving, and there is currently a diverse and complex ecosystem of companies offering access to digital asset products. The digital and programmable nature of these products means they can be used to facilitate many kinds of financial activities that increasingly mirror the products and services offered by traditional financial institutions, ” it said. The use case for banks n payments the blockchain-powered payment networks have the potential to allow for faster and more efficient payments, especially in cross-border transactions. In lending blockchain technology can allow for cheaper, more…