Brian Moynihan says big banks like BofA may have to adopt crypto payments

Brian Moynihan, chief executive officer of Bank of America Corp., during a Bloomberg Television interview at the World Economic Forum (WEF) (Credit: Hollie Adams—Bloomberg/Getty Images)

• Bank of America CEO Brian Moynihan says cryptocurrencies could be adopted into the mainstream, with wealth advisor Christopher McMahon adding such signals may push prices to $130,000 in 2025.

Wall Street may finally be warming up to adopting cryptocurrencies in their daily business—as long as guardrails are also put in place.