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Bank of America Says Regulation Is Key for Mainstream Adoption of Crypto

Despite the correction in cryptocurrency markets, the development of blockchain technology has accelerated, a report from the bank said.

Updated Dec 5, 2022, 4:57 p.m. Published Dec 5, 2022, 11:55 a.m.
Global coordination is needed to discourage regulatory arbitrage, Bank of America says. (Shutterstock)
Global coordination is needed to discourage regulatory arbitrage, Bank of America says. (Shutterstock)