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❕NEWS America’s Second Largest Bank Opens Bitcoin Futures Trading

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Yusra31

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Bank of America the country's second largest bank is apparently allowing its customers to invest in the Bitcoin Futures market. According to a recent Coindesk post numerous investors are setting up their Bitcoin futures trading accounts with a few having already gone live.The US banking behemoth also announced the formation of a crypto research group tasked with investigating alternative crypto settlement solutions. After maintaining a regressive position for a long time, the financial behemoth is warming up to the digital asset market. Bank of America had previously prohibited its consumers and financial advisors from investing in cryptocurrency.

According to another source acquainted with the situation, the bank will use CME Futures for its clients. CME is one of the most important Bitcoin derivative marketplaces for institutional investors, as well as the most important Bitcoin Futures market.
 
This is the right way to deal with cryptocurrency even when one is not familiar with it. Research will help sort out the issues with it .
 
When the name of big financial institutions like these are mention it gives me strength that I am fortunate to have known and have assets in cryptocurrencies because there are no doubt the future. It is a good move.
 
The good news continues, every day institutions are added to invest or help invest in the ecosystem of cryptocurrencies and especially for BTC, the queen of all cryptocurrencies
 
Things Are Moving , Big Companies Are Accepting the fact , We Are Surely Going To See Long Term Success To Be Honest Actually In My Opinion
 
This is to show that Bitcoin is the future Even bank of America that was against the investment in btc by customers is now stating otherwise. This is because they have seen the needs to invest and make profit according to your level of investment. I see more financial institutions opting in to use the cryptocurrency for their mode of payment
 
this is to show the way Bitcoin is developing ,i really love to see the banks infulence ,they are the ones to get more development and make people want to invest more into Bitcoin ,it's all good because in the future it would spark in more development and big companies are making sucess with Bitcoin
 
It has started, with this other financial institutions will also carry out a research on how best to coming or learn from Bank of America, gradually it will spread to other parts of the country. If US bank lead, diffinately other banks around the world will join and I'm looking forward to that.
 
It has started, with this other financial institutions will also carry out a research on how best to coming or learn from Bank of America, gradually it will spread to other parts of the country. If US bank lead, diffinately other banks around the world will join and I'm looking forward to that.
yes other banks are looking at the development of us banks regarding cryptocurrency and even the overall development ,they would want to replicate things ,am sure that if crypto currency is made legal in America ,there would be a lot of countries legalising it to , to partake in the development
 
That is a really great move by the bank of America. I am sure that it's users now enjoy really good methods of investment that gives them better financial stability. It is incredibly great to see huge companies like this that were against cryptocurrencies in the past warming up to them. It shows how much there is hope in the cryptocurrencies future.
 

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