Regional US Bank Latest to Admit Cryptocurrency is Threat to Business Model

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The post Regional US Bank Latest to Admit Cryptocurrency is Threat to Business Model appeared first on CCN

Another US bank has listed cryptocurrency as a threat to its business model, public documents show. Regional banking institution WesBanco disclosed in its most recent annual report dated Feb. 27 and filed with the Securities and Exchange Commission (SEC) that the advent of new fintech products such as cryptocurrencies could cause them to lose clients.

The post Regional US Bank Latest to Admit Cryptocurrency is Threat to Business Model appeared first on CCN

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