Bank of American feels the heat from cryptos, restricts customer puschases

It speaks to the growth and maturity of cryptocurrencies that Bank of America considers the sector a serious threat to its business. This is probably the case for other banks as well.
Banks have been trying to hinder their customers' access to the sector for some time, but this is the first time that it is confirmed in the official filing with the SEC.

Bank of America complains to SEC that cryptocurrencies pose serious threat to business as usual - places restrictions on customer purchases -- Sott.net