Sadece geldi: Bank of America Lanceert Crypto onderzoeksteam

Bank of America has launched a private cryptocurrency research group to monetize the growing craze linked to the digital asset market. The new cryptography research group will be led by Alkesh Shah, and the focus of the research will also be on technologies related to the digital asset market.

Candice Browning, Bank of America’s Chief Global Research Officer, said in a note:

Cryptocurrencies and digital assets are one of the fastest growing emerging technology ecosystems. With our powerful industry research analysis, leading global payment platform, and blockchain expertise, we have unique capabilities to provide thought leadership.”

Bank of America joins a growing list of US banking giants that depend heavily on the crypto ecosystem. Some of the leading US banks, including JP Morgan, Goldman Sachs, Bny Mellon and others, have begun offering their clients bitcoin and crypto investment tools.

Cryptocurrency decommissioning among institutional investors on ATH
Demand for crypto products from institutions has reached the limit, and despite the regulatory framework, these banking giants have found a way to offer corporate clients appropriate investment tools. Like JP Morgan, which is not a big fan of bitcoin, forced to offer a bitcoin fund amid growing consumer demand, Goldman Sachs, which in the past decried bitcoin as a speculative asset, now lists the digital currency among the best performing assets.

In the absence of a regulated bitcoin product, Wall Street giants have turned to private crypto funds that buy cryptocurrencies and issue stocks against them for investors to trade. Demand for the Bitcoin ETF has increased significantly in the recent past, when former regulatory executives also applied to the SEC to approve the Bitcoin ETF to ensure investor protection and increase market transparency.

Rising investor demand and Wall Street’s growing involvement in cryptocurrencies have also pushed regulators hard

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