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Bank of America's analysis predicts global CBDC impact, highlighting potential benefits and risks of digital currencies in their report.
The Bank of America praised Avalanche for its TradFi-friendly approach, heralding it as the future of tokenization.
Cathie Wood's Ark Invest purchased $3 million in Coinbase, while Bank of America and S&P Global downgraded stocks and bonds.
The change for former BofA employees represents a tendency of traditional bankers to move toward the crypto industry.
Bank of America announced that it will be initiating research coverage of Bitcoin and cryptocurrencies for large investors and analysts.
Bank Of America report acknowledges digital currencies can add value to emerging economies.
Bank of America warned of potential market disruption that could ensue from anti-privacy government measures.
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