Bank of America Admits Cryptocurrencies Are a Threat to Its Business Model


The post Bank of America Admits Cryptocurrencies Are a Threat to Its Business Model appeared first on CCN

Bank of America, one of the world’s largest financial institutions, admitted in an annual report that cryptocurrencies are a threat to its business model. The report, which was dated Feb. 22 and filed with the US Securities and Exchange Commission (SEC), listed a range of economic, geopolitical, and operational risks that the Charlotte, NC-based bank

The post Bank of America Admits Cryptocurrencies Are a Threat to Its Business Model appeared first on CCN

Posted by Josiah Wilmoth on February 23, 2018 @ https://www.ccn.com/bank-of-america-admits-cryptocurrencies-are-a-threat-to-its-business-model/

Comments are closed.