Bank of America CEO Brian T. Moynihan talked about cryptocurrencies. Asked whether the bank missed the crypto train or not, the CEO simply answered “no” .
Brian T. Moynihan recently interviewed Yahoo. Moynihan emphasized that the bank is not in a hurry to enter the crypto space and used the phrase “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, the bank is researching crypto assets, although it has not taken a step to offer crypto assets to its customers. The company set up a dedicated crypto research team last July.
