[Bank of America Approved to Provide Cryptocurrency Trading Intermediary Services] According to Foresight News and a report by DL News, the U.S. Office of the Comptroller of the Currency (OCC) announced on Tuesday that Bank of America can act as an intermediary for cryptocurrency trading, facilitating the buying and selling of digital assets on behalf of clients. This type of 'risk-free principal transaction' model is similar to how banks currently handle securities transactions for clients. The bank will act solely as an intermediary and will not include crypto assets in its own inventory.