Are banks trying to kill crypto?

Are banks, with their established infrastructure and regulatory clout, actively plotting to stifle the growth of cryptocurrencies? Given the decentralized, borderless nature of crypto, it seems banks may fear this emerging technology poses a threat to their traditional business models. Is there evidence of banks lobbying governments to introduce stricter regulations or seeking to limit access to crypto-related services? Additionally, have banks been investing in blockchain technology, the underlying infrastructure of crypto, but not necessarily promoting its widespread adoption? If so, does this indicate a possible double-edged sword strategy where banks want to harness the benefits of blockchain while simultaneously stifling the growth of cryptocurrencies? The question begs: Are banks indeed trying to kill crypto, or are they simply hedging their bets in a rapidly changing financial landscape?