Bank of America is treating Bitcoin, Ether as “cash,” will let you purchase crypto with credit cards

BTC $9137 (-0.6%) • ETH $226 (-1%) • XRP $0.176 (-1.2%)

First, they ignore you, then, they fight you, then you win.

The adage cannot hold truer when it comes to the cryptocurrency markets. This year alone, banks like JP Morgan, Goldman Sachs, and even the People’s Bank of China — all anti-crypto at some point — have expressed their interest in offering cryptocurrency services to clients.

While their reasons may range from collecting high processing fees instead of embracing the decentralized ethos of Bitcoin, the developments mark a changing narrative in the digital assets space — as far as traditional markets are concerned.

Now, another American banking giant seems ready to plunge head-first into the crypto-market.

Read the full story here ➡️


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Crypto market data

For more pertinent market data, please see:

🌚 Cryptocurrency Rankings

📈 Biggest Gainers - 24h

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