Second-Largest US Bank Says Crypto Is Too Big to Ignore

Bank of America released a new research report that says digital assets are still in the first inning.

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ABOUT

This episode is sponsored by NYDIG.

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On today’s episode, NLW covers some of the topics he’s missed throughout the week, including:

A new report from Bank of America that calls digital assets “too big to ignore”
US Bank custodying crypto via NYDIG
An underperforming jobs report
Bitcoin futures ETF speculation hits fever pitch
Chainalysis report on global adoption
BitGo sees growing corporate interest
The Federal Reserve says it’s going to start researching a CBDC

“The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Only in Time” by Abloom. Image credit: Andriy Onufriyenko/Moment/Getty Images, modified by CoinDesk.

HOST

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.