Tag: bank of america cryptocurrency

Bank of America’s Active Crypto Users Drop More Than 50% in Bear Market

Bank of America has revealed that the number of its customers who are active crypto users has declined more than 50% from its peak in November last year. In addition, the bank said its data “shows that outflows to crypto platforms......

Bank of America CEO: We Have Hundreds of Blockchain Patents — But Regulation Won’t Allow Us to Engage in Crypto

The CEO of Bank of America says that his bank has hundreds of blockchain patents but regulations will not allow it to engage in crypto. “The reality is that we can’t do it by regulation,” he said. Bank of America’s CEO......

Bank of America’s Crypto Research Debuts: Digital Assets Are ‘Too Large to Ignore’

Bank of America’s Global Research has begun covering crypto, debuting with a report stating that “digital assets are too large to ignore.” Noting that digital assets are “creating a whole ecosystem of new companies, new opportunities, and new applications,” the bank......