Category: Bank of America

Bank Of America Sees Long Road Ahead For Coinbase To Become The ‘Amazon Of Crypto Assets’

Bank of America has initiated coverage of Coinbase Global. The bank has identified several factors that could boost Coinbase’s revenue. Regarding the crypto exchange’s plan to become “the Amazon of…

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 digitization, more choices, and greater…

New Bank Of America Report Says Digital Currencies ‘Could Boost Economic Growth’ In Developing Countries

A new Bank of America (BOA) research study has found that both central bank digital currencies (CBDCs) and private digital currencies hold “a lot of potential” for increasing financial inclusion…