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Bank of America CEO Says US Banking Industry To Jump Into Crypto Payments if Regulators Give Green Light: Report

Bank of America CEO Says US Banking Industry To Jump Into Crypto Payments if Regulators Give Green Light: Report

Bank of America CEO Brian Moynihan says US banks will start providing crypto payment services if federal regulators ever approve it. In a new interview with CNBC at the World Economic Forum in Davos, Switzerland, Moynihan says US banks are prepared to start offering crypto services if US President Donald Trump’s administration gives the go-ahead. […]

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XRP Market Update: $3.10 Breakout or Bust? Traders Hold Breath as Bears Tighten Grip

Bank of America Is Preparing for Possible US Debt Default, Says CEO Brian Moynihan

Bank of America Is Preparing for Possible US Debt Default, Says CEO Brian MoynihanBank of America is preparing for a possible U.S. debt default, says CEO Brian Moynihan. He is not a fan of eliminating the debt ceiling altogether as some lawmakers have proposed. Meanwhile, Treasury Secretary Janet Yellen says “every responsible member of Congress must agree to raise the debt ceiling.” Bank of America CEO Brian Moynihan […]

XRP Market Update: $3.10 Breakout or Bust? Traders Hold Breath as Bears Tighten Grip

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

Bank of America CEO: We Have Hundreds of Blockchain Patents — But Regulation Won’t Allow Us to Engage in CryptoThe 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 on Crypto Bank of America (BOA) CEO Brian Moynihan talked about cryptocurrency in an […]

XRP Market Update: $3.10 Breakout or Bust? Traders Hold Breath as Bears Tighten Grip