🏛Bank of America expands crypto access for wealth management clients 👉Bank of America (BAC) will begin allowing its wealth advisers to recommend allocations to crypto in client portfolios from next month, the U.S. lending giant said on Thursday, in a landmark moment for the digital assets sector. Starting January 5, advisors at Bank of America Private Bank, Merrill, and Merrill Edge will be able to suggest several crypto exchange-traded products (ETPs) clients, without any asset threshold.#BTC86kJPShock
🚨CFTC approves first-ever spot crypto trading on regulated exchanges 👉The U.S.🇺🇸 is taking a defining step in the crypto market structure. For the first time, spot digital-asset products will trade on exchanges directly supervised by a federal regulator, a shift that could rewire how Americans access crypto markets. The announcement also lands during a politically charged push to repatriate crypto activity, following years in which most spot trading migrated to offshore venues with limited investor safeguards.#BTCVSGOLD