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Which of the two, BAC or JPM, has a stronger presence in the cryptocurrency industry?

avatarKirkeby BrandonNov 25, 2021 · 3 years ago1 answers

Between Bank of America (BAC) and JPMorgan Chase (JPM), which of the two has a more significant influence and involvement in the cryptocurrency industry?

Which of the two, BAC or JPM, has a stronger presence in the cryptocurrency industry?

1 answers

  • avatarNov 25, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can confidently say that Bank of America (BAC) has a stronger presence compared to JPMorgan Chase (JPM). BAC has actively embraced cryptocurrencies and blockchain technology, investing in research and development, as well as partnering with innovative startups. Their commitment to the industry is evident through their patent filings and involvement in various cryptocurrency projects. While JPM has shown some interest in cryptocurrencies, their involvement has been relatively limited. Therefore, BAC stands out as the bank with a stronger presence in the cryptocurrency industry.