Jan 21, 2025 · Bank of America CEO Brian Moynihan said that the U.S. banking industry will embrace cryptocurrencies for payments if regulators allow it. The head of the second-largest U.S. bank by assets was ...

Jan 21, 2025 · Bank of America CEO Says Banking Industry Ready to 'Come in Hard' on Crypto Payments Bank of America CEO Brian Moynihan said that the firm is open to using cryptocurrency for payments if regulators clarify the rules.

Bank of America CEO Brian Moynihan said Tuesday that the U.S. banking industry will embrace cryptocurrencies for payments if regulators allow it.

6 days ago · Bank of America’s CEO said the US banking industry will embrace crypto payments if clearer rules are in place from regulators.

Jan 21, 2025 · Bank of America CEO sees crypto adoption in banking likely if regulatory clarity emerges, focusing on non-anonymous, verified transactions.

Jan 21, 2025 · In a latest development, the Bank of America CEO Brian Moynihan said on Tuesday that the U.S. banking industry will embrace cryptocurrencies for payments if regulators allow it. Notably, the head of the second largest U.S. bank by assets was asked about how the industry’s approach to crypto could change given President Donald Trump’s enthusiasm for digital currencies. “If the rules come ...

Jan 21, 2025 · The Bank of America CEO has hinted that traditional financial institutions are open to embracing crypto payments if U.S. financial regulators allow.

Jan 22, 2025 · If regulation is brought in under President Donald Trump, Wall Street may have to adopt crypto as a form of payment, said BofA CEO Brian Moynihan.

Oct 4, 2021 · Bank of America today launched its digital asset research with the publication of a report entitled “Digital Assets Primer: Only the first inning,” led by Alkesh Shah, head of Global Cryptocurrency and Digital Asset Strategy.

Apr 16, 2023 · Now, a Bank of America BAC +2.1% report has named a surprise "key driver of digital asset adoption" that passed $1 billion in value last month.