Deciding whether to implement cryptocurrency is not as simple as regulations and writing company financial statements to account for it, especially when it comes to banks and in this way it is necessary to conduct research and take the necessary time in order to check the cryptocurrency world and see if there are any loopholes that could negatively affect the bank. In light of this, one of the banks in America, referred to as the Bank of America, is developing a cryptocurrency team whose sole purpose is to research crypto. This could show that the acceptance of crypto in American banks may be on the horizon in the near future should this research turn out favourably.