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How To Buy Bitcoin With Bank Account (Or Wire Transfers)Yes, Bank of America allows its clients to engage in the buying of cryptocurrencies, including popular ones like Bitcoin, Ethereum and Solana. �Bitcoin is important,� said Shah, �but the digital asset ecosystem Bank of America Private Bank is a division of Bank of America, N.A. Bank of America has come under scrutiny after a Coinbase user claimed that the bank closed his account over Bitcoin transactions.