Bank of America CEO Brian T. Moynihan talked about cryptocurrencies. The CEO simply answered “no” to the question about whether the bank missed the crypto train.
Brian T. Moynihan recently interviewed Yahoo. Moynihan emphasized that the bank is not in a hurry to enter the crypto space and said, “We are not missing anything” on the subject.
The CEO agrees that cross-border crypto assets have a legitimate use, but on the other hand, he also thinks that strict regulations prevent interaction with crypto.
As it is known, although the bank has not taken a step to offer crypto assets to its customers, it is researching crypto assets. The company set up a dedicated crypto research team last July.