Bank of America just capitulated.
After years of avoiding crypto, the second-largest U.S. bank is now greenlighting Bitcoin recommendations for its 15,000 advisors with a 1-4% allocation. [NEWS]
With Washington’s anti-crypto pressure fading, the bank is racing to stop clients from leaving for digital-first competitors. The wall between traditional banking and Bitcoin has officially fallen and the capital floodgates are about to open.
