Bank of America


Markets

Central Bank 'Money Drops' With Digital Currencies Could Fuel Inflation: Bank of America

CBDCs could facilitate central bank stimulus in the form of money drops, and lead to higher inflation, says BofA.

The U.S. government is disbursing economic impact payments directly to taxpayers. But there wasn't much bitcoin stimulus.

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Bank of America Says DeFi Potentially ‘More Disruptive’ Than Bitcoin

In a new report titled “Bitcoin’s Dirty Little Secrets,” Bank of America had a lot to say about bitcoin. Decentralized finance’s potential to overshadow bitcoin, the uses of Ethereum and the future of CBDCs were all also covered in BoA’s report. “The Hash” panel has a lot of unpacking to do.

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Markets

Bank of America Sees DeFi 'Potentially More Disruptive Than Bitcoin'

There is "no good reason to own BTC unless you see prices going up," the bank says, but it is intrigued by decentralized finance.

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Markets

Inflation Takes Over From COVID as Biggest Market Risk: Bank of America

Betting on a bitcoin rally remains one of the hottest trades.

Inflation has displaced the coronavirus as the most troublesome outlying risk in the minds of global fund managers, according to Bank of America.

Markets

Anti-Privacy Regulations Pose Risks for Crypto Investors, Bank of America Says

Cryptocurrencies "challenge the ability of governments to levy taxes and to control capital flows more broadly," the report says.

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Markets

Bitcoin Becomes Most-Crowded Trade After Passing 'Long Tech': Bank of America Survey

Bank of America's January survey of fund managers indicated bitcoin is now seeing the most capital inflow.

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Markets

First Mover: Even Bank of America Acknowledges China Winning Digital-Currency Race

BoA researchers anticipate China's digital yuan might make a dent in the greenback’s global hegemony.

(Mendenhall Olga/Shutterstock)

Finance

Ex-DOJ, Capital One Exec to Lead Compliance at Crypto Payments Startup C Labs

C Labs, the company working on Celo, is bringing on former DOJ official Jai Ramaswamy to head compliance.

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Markets

Blockchain-Shy Bank of America Quietly Pilots Ripple Technology

Bank of America, the second-largest U.S. bank, has discreetly tested out Ripple’s distributed ledger technology – and may be planning to do more with it.

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Markets

Bank of America Is Now Hiring in Blockchain, Not Just Filing Patents

The second-largest U.S. bank has begun hiring for blockchain positions.

Bank of America