The US banking sector will be prepared to use cryptocurrencies in payments if the regulator grants the corresponding permission, Bank of America CEO Brian Moynihan said in an interview with CNBC.
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“Yeah [соответствующие] the rules will come into force, <...> then the banking system will begin to actively work on transactions. [в криптовалюте]”Moynihan told CNBC at the World Economic Forum in Davos, Switzerland.
The publication clarifies that US banks often do not allow their clients to use cryptocurrencies in retail transactions, even though their trading and asset management divisions were involved in trading spot exchange-traded funds (ETFs) in Bitcoin. Some industry leaders, including JPMorgan Chase CEO Jamie Dimon, have criticized Bitcoin as a currency used by criminals and scammers.
“When you enter a store from the street and buy lunch, you can pay with Visa, Mastercard, debit card, Apple Pay, etc. [криптовалюта] It will simply become another form of payment. We already have hundreds of patents on blockchain, we know how to enter this area,” Moynihan added.
Previously, on January 17, Bloomberg, citing informed sources, reported that US President-elect Donald Trump plans to issue an executive order in which cryptocurrencies will be recognized as a “national priority.” Additionally, the inclusion in the decree of a directive addressed to all government agencies on the review of policies relating to digital assets and the possible suspension of any litigation related to cryptocurrencies is discussed.
Author:
Anastasia Kossakovskaya
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
