Bank of New York CEO Robin Vince has stated that banks are crucial in the future of the cryptocurrency industry, acting as a bridge between crypto and traditional finance. Speaking at the Digital Asset Summit in New York, Vince said that legacy banks are positioned to connect digital assets with the broader economy and are crucial partners in the development of digital asset technology. He also emphasized the need for proper regulation and stated that most financial firms will stay away from the market due to unclear rules. Despite this optimism, Vince expects digital tokens to disrupt inefficient markets like loans and real estate sectors.