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Bank of America announces cryptocurrency research department

Bank of America announces cryptocurrency research department

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tldr; Bank of America has launched a research department for cryptocurrencies and digital assets. "It's not just Bitcoin anymore, it's digital assets and it's creating a whole ecosystem of new businesses, new opportunities and new apps," said Candace Browning, head of Global Research from BofA Securities. The number of companies that mention crypto in their calls where their portfolio results are debated has increased 860% from last year to the most recent quarter, she added. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*