Except the whole idea of crypto is decentralized everything. Where the individual owns his/her own data. Banks are toast.
" The bank said it had managed to execute payments between Spain and Mexico in a matter of seconds compared to the standard four-day period." that is impressive but the people of venezuela need everything done in seconds as the value of their peso becomes more worthless by the second.
The article didn't say anything about crypto, it even said, don't call it crypto currency. They use the blockchain to transfer money quickly among them: "They’re pouring money into developing their own “digital currencies,” as they call them. Just don’t call them “cryptocurrencies.” UBS, BNY Mellon, Deutsche Bank, Santander, the market operator ICAP, and the startup Clearmatics formed an alliance in 2016 to explore the use of digital currency between financial institutions and central banks, using blockchain."