Banks consider entering crypto with clearer regulations, reflecting growing acceptance of cryptocurrencies

From CoinTelegraph

January 21, 2025 11:55:44 AM:

Bank of America CEO Brian Moynihan stated that financial institutions would be open to facilitating cryptocurrency payments if regulations were clearer. This comes as the popularity of cryptocurrencies like Bitcoin continues to rise, with more businesses and individuals looking to use them for transactions. Moynihan’s comments reflect a growing acceptance of cryptocurrencies in the mainstream financial industry.

Read more at Cointelegraph: BoA CEO says banks eager to enter crypto if regulators allow