{"id":11769,"date":"2021-10-06T18:00:30","date_gmt":"2021-10-06T17:00:30","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=11769"},"modified":"2021-10-06T18:00:36","modified_gmt":"2021-10-06T17:00:36","slug":"bank-of-america-data-highlights-20-us-publicly-traded-companies-with-crypto-exposure","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/bank-of-america-data-highlights-20-us-publicly-traded-companies-with-crypto-exposure\/","title":{"rendered":"Bank of America data highlights 20 US publicly traded companies with crypto exposure"},"content":{"rendered":"\n
Bank of America <\/a>(BofA) statistics shows Walt Disney, Fox Corporation, and JP Morgan are among a list of 20 U.S. companies with some level of exposure to crypto and digital assets.<\/h5>\n\n\n\n
\"Bank<\/figure>\n\n\n\n

Companies like Morgan Stanley, Signature Bank, and Warner Music Group, according to a BofA research released on Monday, have some exposure to digital assets\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>.<\/p>\n\n\n\n

The equities of the 20 companies selected by BofA are rated “Buy” or “Neutral” by America's second-largest bank by assets under management.<\/p>\n\n\n\n

BofA classified these companies as seeking significant market value increase through interacting with digital assets as part of the analysis.<\/p>\n\n\n\n

BofA's recently published document presented a bright view for cryptocurrencies, including nonfungible tokens<\/a>, or NFTs, and decentralized finance, or DeFi.<\/p>\n\n\n\n

BofA also asserted that the digital asset space cannot be ignored for long and that decentralized technology will continue to pervade many facets of human life.<\/p>\n\n\n\n

An excerpt from the paper reads, \u201cIn the near future, you may use blockchain technology to unlock your phone; buy a stock, house, or fraction of a Ferrari; earn a dividend; borrow, loan, or save money; or even pay for petrol or pizza.\u201d<\/p>\n\n\n\n

However, one of the main near-term roadblocks<\/a> for the young digital asset industry, according to BofA, is regulatory uncertainty.<\/p>\n\n\n\n

Cryptocurrency regulations continue to be a focus of regulatory authorities around the world, with a combination of positive and punitive measures being taken by financial watchdog agencies in a variety of nations.<\/p>\n\n\n\n

Several policymakers in the United States have urged for more stringent crypto rules, which critics argue will impede innovation in the country.<\/p>\n\n\n\n

The publication of the report also served as the introduction of the banking giant's digital asset <\/a>research section. Indeed, In July that Bank of America was reportedly forming a crypto research team.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bank of America (BofA) statistics shows Walt Disney, Fox Corporation, and JP Morgan are among a list of 20 U.S. companies with some level of exposure to crypto and digital assets. Companies like Morgan Stanley, Signature Bank, and Warner Music Group, according to a BofA research released on Monday, have some exposure to digital assets […]<\/p>\n","protected":false},"author":12,"featured_media":11782,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[1546,4149,1526],"class_list":["post-11769","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bank-of-america","tag-crypto-exposure","tag-digital-assets"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/10\/Bank-of-America-data-highlights-20-US-publicly-traded-companies-with-crypto-exposure.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/11769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=11769"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/11769\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/11782"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=11769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=11769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=11769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}