Multi-Trillion Dollar Bank Looking Into Crypto – Today’s Crypto News

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In this video, Mattie talks about Bank of America and how they are looking into the crypto and blockchain space. This is a daily segment!
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References:

Bank of America Is Trying To Patent A Crypto Storage System

Bank of America Is Trying To Patent A Crypto Storage System

Bank of America Patent
http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PG01&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.html&r=1&f=G&l=50&s1=%2220180240112%22.PGNR.&OS=DN/20180240112&RS=DN/20180240112

Bank of America Drawing up 20 More Cryptocurrency & Blockchain Patents
https://www.ccn.com/bank-of-america-20-more-cryptocurrency-blockchain-patents/

Bank of America Admits Cryptocurrencies Are a Threat to Its Business Model
https://www.ccn.com/bank-of-america-admits-cryptocurrencies-are-a-threat-to-its-business-model/

Here’s Why Bank of America Has Filed Nearly 50 Blockchain-Related Patents
http://fortune.com/2018/06/20/bank-of-america-blockchain-patent-why/

Big Blockchain: The 50 Largest Public Companies Exploring Blockchain
https://www.forbes.com/sites/michaeldelcastillo/2018/07/03/big-blockchain-the-50-largest-public-companies-exploring-blockchain/#14e3af5f2b5b

Americaโ€™s 15 largest banks
https://www.bankrate.com/banking/americas-top-10-biggest-banks/#slide=1

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DISCLAIMER The information discussed on the Altcoin Buzz YouTube, Altcoin Buzz Ladies YouTube, Altcoin Buzz Podcast or other social media channels including but not limited to Twitter, Telegram chats, Instagram, facebook, website etc is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the writer, reviewer or narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

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20 Comments

  1. So BOA is filing for a patent to store digital assets for institutions to me this great news because more institutional money must and will be entering the crypto market and they know this already I dont think they will wasting time with this unless they knew for sure this big money is coming.Theres Coinbase Custody and Bakkt being launched in Nov they dont wanna be left out

  2. As a proponent of evil investing, I am going to mention something that no one has addressed regarding Bank of America & the crypto storage patent…and it's very simple; Bitcoin was made to avoid the banks & cut the middleman out…this crypto storage platform is a way for the banks to control your cryptocurrency, just like your fiat currency. Banks are smart & EVIL, & I know evil. I know what they're up to; they want IN. If it's not fiat, its our digital assets.

  3. WARNING TO ALL THAT READ THESE COMMENTS* THESE AIR DROPS ARE NOT REAL!
    BEWARE OF SCAMMERS _____________ ALWAYs GO TO OFFICIAL PAGES OF COINS TO CHECK

  4. I've been using BofA for years now, even bought BTC, ETH, LTC since November, i'm pretty they'll get the crowds moving into the space no problem.

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