[Bank of America Establishes New Digital Assets and Financial Flow Division] Bank of America (America. Bank) has announced the establishment of a Digital Assets and Financial Flow Division, aimed at accelerating development in areas such as stablecoin issuance, cryptocurrency custody, and asset tokenization. Payments industry veteran Jamie Walker will lead the division and continue to serve as Head of Merchant Payment Services, reporting to Chief Digital Officer Dominic Venturo in the future. (Cointelegraph)