Executive director of Credit Suisse, Tijan Thiam, said on Thursday that the banks "have no appetite" to work with bitcoin, as there are serious concerns that this "bubble" is closely related to illegal activities.

I think that most banks, with the current state of regulation, have little or no desire to work with the currency that is used for money laundering.

Comments of the Executive Director fell at a time when bitcoin set another record and exceeded the $ 7000 mark.

Thiam added that investors work with this digital asset only to quickly "make money" and that bitcoin is "the very definition of speculation and the very definition of a bubble".

Executive Director of ING Coos Timmermans supported Tiam's opinion and noted in an interview for the CNBC channel that although digital assets are an effective medium of exchange, the bank did not offer clients to invest in them.

Well, we are very cautious in this area, so if you ask: "Do we advise our clients to invest in this?" Our answer is: "No".

Crypto-currencies can work perfectly as a means of exchange. With this there is no problem. But if you ask me to determine their future value, I can not do it, because it is unclear how much this asset will be in demand in the future and it is unclear what interest rates are considered fair in this case.

However, many analysts believe that after the announcement of the CME Group, there will be even more institutional investors on the crypto-currency market. Charles Heather, CEO of the CryptoCompare website commented on this event.

Bitcoin futures from one of the largest financial conglomerates in the world translate all niche crypto-currencies into a completely different regulatory plane.

This allows you to create more sophisticated financial products and eventually opens the door for institutional money.