Bank of America CEO Brian Moynihan said Tuesday that the U.S. banking industry will embrace cryptocurrencies for payments if regulators allow it.

The Bank of America CEO has hinted that traditional financial institutions are open to embracing crypto payments if U.S. financial regulators allow.

Bank of America CEO sees crypto adoption in banking likely if regulatory clarity emerges, focusing on non-anonymous, verified transactions.

From a purely business perspective, banks and other financial institutions would jump into cryptocurrency payments if proper regulations allowed it, according to BoA CEO Brian Moynihan.

Bank of America CEO Brian Moynihan affirms that the banking industry is prepared to embrace crypto if the regulatory framework allows it.

Bank of America's CEO Brian Moynihan has said that the US banking industry is ready to adopt cryptocurrencies for payments, if given the green light by regulators. Speaking during an interview at the World Economic Forum in Davos, Switzerland, Moynihan shared his thoughts on the industry's possible shift toward crypto.

Donald Trump's second term as U.S. president will draw a lot of investment into crypto, the CEO of Coinbase told a panel discussion at the World Economic Forum in Davos. "The Trump effect cannot be denied.

The new Trump presidency could bring lots of new money into the cryptocurrency market, according to the CEO of crypto exchange platform Coinbase (COIN).