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Bank of America Could Store Crypto Deposits for Big Companies

News – CCN
Bank of America Could Store Crypto Deposits for Big Companies

Despite their harsh exterior, banks have been quietly preparing for a world that involves cryptocurrencies. Bank of America has most recently secured a patent for a cryptocurrency aggregation system, one in which big companies store customers’ crypto deposits in an enterprise account involving vaults and offline storage rather than taking on the risk themselves. For example, “deposit … Continued

The post Bank of America Could Store Crypto Deposits for Big Companies appeared first on CCN

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Bank of America Could Store Crypto Deposits for Big Companies

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