Bank of America Approves BTC Futures Trading.
As reported by CoinDesk, the second-biggest U.S. bank, Bank of America, allegedly plans to roll out Bitcoin futures trading for some of its customers.
According to them, BoA will also be using Bitcoin futures provided by CME. This Chicago-based exchange was the first entity to roll out BTC futures trading in December 2017, when Bitcoin hit its first significant all-time high close to the $20,000 price mark.
Recemtly Bank of America launched a dedicated crypto research group. The research job was to focus on various crypto assets and technologies associated with them.
Bank of America new crypto research group was be led by Alkesh Shah to focus on technologies related to the digital asset market.
“We are uniquely positioned to provide thought leadership due to our strong industry research analysis, market-leading global payments platform, and our blockchain expertise.”