Bank of America: ‘Digital Currencies Appear Inevitable’
Bank of America says “digital currencies appear inevitable,” including that central financial institution digital currencies (CBDCs) and stablecoins are “a natural evolution of today’s monetary...
Bank of America’s Survey of Wealthy Americans: Younger People Are 7.5 Times More Likely to Hold Crypto in Their Portfolios
Bank of America has discovered that youthful rich Americans are 7.5 occasions extra more likely to maintain crypto of their portfolios than buyers aged 43...
Bank of America’s Active Crypto Users Drop More Than 50% in Bear Market
Bank of America has revealed that the variety of its prospects who’re energetic crypto customers has declined greater than 50% from its peak in November...
Bank of America: Consumer Interest in Crypto Remains Strong
Bank of America’s new report explains that “regardless of the sharp correction in crypto valuations, client curiosity within the sector stays sturdy.” The report, which...
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 financial institution has tons of of blockchain patents however rules is not going to enable it...
Bank of America Sees Massive Opportunity in Metaverse for Entire Crypto Ecosystem
Bank of America’s strategist says that the metaverse is an enormous alternative the place cryptocurrencies will probably be broadly used as currencies. “I positively imagine...
Bank of America Executive Sees Crypto as Asset Class: ‘I Don’t View It as Competition at All’
Bank of America’s chief operating officer does not see cryptocurrency as competition. Instead, he views it as an asset class, noting that “people like it...
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...
Bank of America Sees Benefits in Adopting Bitcoin as Legal Tender in El Salvador
Bank of America has outlined some benefits to be had from adopting bitcoin as legal tender in El Salvador. The opportunities include low-cost remittances, financial...
Bank of America Establishes Cryptocurrency Research Team
Bank of America has become the latest major bank to make a foray into the cryptocurrency sector. According to an internal memo, the bank has...