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CEO Brian Moynihan

Bank of America CEO signals potential stablecoin launch

Quartz

qz.com › bank-of-america-ceo-signals-potential-stablecoin-launch-1851766666

Bank of America (BAC) is poised to enter the stablecoin market, contingent upon the passage of favorable legislation by U.S. lawmakers, according to CEO Brian Moynihan. Speaking at the Economic Club of Washington, D.C., Moynihan stated, “If they make that legal, we will go into that business,” according to Decrypt​.

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Crypto could become 'just another form of payment' under Trump, Bank of America CEO says

Quartz

qz.com › trump-cryptocurrency-payment-bank-of-america-moynihan-1851743545

Although Wall Street has been hesitant to jump on the cryptocurrency bandwagon, Bank of America (BAC) CEO Brian Moynihan said that new regulation under President Donald Trump could help drive adoption by big banks.

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