Bank of America just showed how terrified Wall Street is of cryptocurrencies

ArticleBanking crisisMarch 6, 2018 - 6:58:11 AM

Bank of America mentioned cryptocurrencies in a regulatory risk filing for the first time

Bank of America has warned that cryptocurrencies could potentially undermine its entire business, the firm said Friday.

In a lengthy, 13,000-word regulatory filing late Thursday, the US’ third-largest bank by assets mentioned cryptocurrencies three times in the document's risk factors section...


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