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

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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

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