BankBank of America🇺🇸 United StatesMon, Oct 12, 2026
Bank of America Files Patent for Bitcoin-Backed Settlement System
AI News Scout parsed USPTO filing: BofA patents a crypto settlement layer using Bitcoin as collateral for interbank transfers, signaling deeper institutional infrastructure.
How Much Bitcoin
Amount not disclosed
BTC Price Then
$81,743
Price Change
+18%
Location
United States
Frequently Asked Questions
Who is adopting Bitcoin in "Bank of America Files Patent for Bitcoin-Backed Settlement System"?
Bank of America (Bank) is the entity adopting or allocating into Bitcoin in United States.
What type of entity is Bank of America?
Bank of America is classified as a Bank in the Bitcoin adoption ledger.
How much Bitcoin is being acquired or held?
Amount not disclosed
What was the Bitcoin price at the time of this adoption?
At the time of this event, Bitcoin was priced at $81,743 per BTC.
When did this Bitcoin adoption event happen?
This adoption event was recorded on Mon, Oct 12, 2026.
Where is this Bitcoin adoption taking place?
This adoption is attributed to United States.
What is the source of this Bitcoin adoption story?
Originally reported by Reuters and indexed from the original report.
Originally reported by Reuters
Read the original report