BoA Official Voices on Crypto Issues

Crypto Exchanges Market News

The chief technical officer of the Bank of America (BoA), Cathy Bessant disclosed the issues on cryptocurrencies in an interview with the CNBC. Bessant quoted, “As a payment system, the banking system is on the transparency and cryptocurrency is designed to be nothing of the sort.” According to Bessant, cryptos do not fall in line with financial transparency.

Leave a Reply

Your email address will not be published. Required fields are marked *