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Bank of America announces cryptocurrency research department

Bank of America announces cryptocurrency research department

Bank of America launched a Research department for ​​cryptocurrencies and digital assets, given the “growing institutional interest” and “huge appetite” among retail clients. “If you look at the number of companies that mention crypto in their calls where their portfolio results are debated, that volume

Morgan Stanley creates market analysis team for cryptocurrencies

Morgan Stanley creates market analysis team for cryptocurrencies

US bank Morgan Stanley created a new division focused on analyzing the cryptocurrency market. According to Bloomberg, the division, created on Monday (13), will have Sheena Shah as chief analyst. The new division will focus on integrating cryptocurrency research with other sectors, such as equities

IMF and World Bank rush to release digital bank currencies

IMF and World Bank rush to release digital bank currencies

The leading global financial institutions have released a report calling on central banks to work together to achieve “interoperability” between their digital currencies. The document, published on Friday (9), was prepared by the Bank for International Settlements (BIS), the International Monetary Fund (IMF) and the

Goldman Sachs releases Bitcoin investments to Wall Street

Goldman Sachs releases Bitcoin investments to Wall Street

In recent months, the United States banking giant Goldman Sachs Inc. has devoted more attention to Bitcoin. After “repudiating” Bitcoin as a form of investment in May 2020, the financial institution started to reconsider its position on cryptocurrency. In early March, for example, the bank