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Bank of America Initiates Research on Digital Assets & Crypto
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blockchain.newsBank of America (BoA) follows the trend of cryptocurrency in response to the increasing user transaction demand and institutions' interest. Bank of America announced to initiate research on this powerful digital asset system.
According to a Bloomberg report on Monday, Candace Browning, head of global research at Bank of America Securities, said in an interview that the cryptocurrency ecosystem is now mainstream and growing.
«This isn’t just Bitcoin anymore, this is digital assets and it’s creating a whole ecosystem of new companies, new opportunities, and new applications.»
This is the first time the Bank of America has established a digital currency research team led by Alkesh Shah as the red hot ecosystem continues to gain traction
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