Bank of America Archive

Despite their harsh exterior, banks have been quietly preparing for a world that involves cryptocurrencies. Bank of America has most recently secured a patent for a …

The Bank of America has won a patent for a system for enterprises to store customers’ crypto deposits

Recent times have seen banks hedging their bets or even fully integrating cryptocurrencies. The acquisition and filing of patents is how large organizations truly express their …

Bank of America continues stocking up on blockchain patents with new filing on private key storage

Bank of America research analysts have predicted that blockchain technology could represent a multi-billion dollar industry down the road, and be of particular benefit for leading companies …

The Bank of America has estimated that blockchain could be a $7 billion market and provide wide-ranging benefits to corporate giants such as Microsoft and Amazon

J.P. Morgan sees cryptocurrency as a potential threat to its business, according to its annual SEC report. #NEWS

The post Goldman Sachs is Also Sweating on Cryptocurrencies as a ‘Business Risk’ appeared first on CCN Goldman Sachs CEO Lloyd Blankfein might say that the …

The post Bank of America Admits Cryptocurrencies Are a Threat to Its Business Model appeared first on CCN Bank of America, one of the world’s largest …

J.P. Morgan Chase, Bank of America, and Citigroup say no to purchases of crypto via credit card. #NEWS

The post Bank of America’s Merrill Lynch Bans Clients from Bitcoin Fund appeared first on CCN Bank of America’s brokerage arm Merrill Lynch has barred clients …

The system will allow the conversion of one virtual currency into another automatically, with the exchange rate to be determined based on external data feeds.