Seems that they are somewhat scared by the competition of crypto...
"In a passage about new competitors in the financial services industry, Bank of America expressed caution about how client preferences could lead them to use products like cryptocurrencies - for which, as it stands, the bank does not offer any support."..
Sounds like it.. Cheers
Crypto is a direct thread to banks and everyhing they've built so far. The blockchain technology removes the middleman, as the robots steal the jobs of the people in factories. Technology is amazing.