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Bank Of America Established A Team Focused On Cryptocurrency Research

Mary Liu

Summary: According to an internal memo seen by Bloomberg, Bank of America established a team focused on cryptocurrency research.  Alkesh Shah, a founding member of the bank's data and innovation strategy group, will lead this work. The work will also research technologies related to digital currencies.  This shows that more and more Wall Street giants cannot ...

According to an internal memo seen by Bloomberg, Bank of America established a team focused on cryptocurrency research. 

Alkesh Shah, a founding member of the bank's data and innovation strategy group, will lead this work. The work will also research technologies related to digital currencies. 

This shows that more and more Wall Street giants cannot ignore the power of the crypto market as before.

By Mary Liu

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