Bank of America CEO sees crypto adoption in banking likely if regulatory clarity emerges, focusing on non-anonymous, verified transactions.

Brian Moynihan, CEO of Bank of America BAC, on Tuesday indicated a willingness for the U.S. banking sector to fully incorporate cryptocurrencies into payment systems. This comes with a crucial condition: clear regulatory approval.

Bank of America CEO Brian Moynihan says US banks will start providing crypto payment services if federal regulators ever approve it.

Bank of America CEO Brian Moynihan affirms that the banking industry is prepared to embrace crypto if the regulatory framework allows it.

Bank of America's CEO Brian Moynihan has said that the US banking industry is ready to adopt cryptocurrencies for payments, if given the green light by regulators. Speaking during an interview at the World Economic Forum in Davos, Switzerland, Moynihan shared his thoughts on the industry's possible shift toward crypto.

Bank of America CEO Brian Moynihan said Tuesday that the U.S. banking industry will embrace cryptocurrencies for payments if regulators allow it.

Bank of America CEO Brian Moynihan reportedly said on Tuesday that the banking industry will accept cryptocurrencies for payments if regulators permit their usage. “If the rules come in and make it a real thing that you can actually do business with,