Is Digital Currency Catching On?

American businesses are rarely strictly American any more. A recent Bank of America Merrill Lynch CFO Outlook found that the majority of American CFOs said their businesses had some foreign operations. Alastair Borthwick, head of Global Commercial Banking at Bank of America Merrill Lynch, observed that these companies confront many challenges — including accessing capital, managing risk, maximizing cash, and increasing efficiency —  that may require “a wide range of financial solutions.” Bitcoin and other digital currency for multinational transactions could be among those solutions…