February 23, 2018 BY Mariela Naydenova

Bank of America shows signs of "weakness" when it comes to cryptocurrencies

On the 22nd of February, 2018, Bank of America, in its annual report to the SEC, expressed its concerns over cryptocurrencies and its inability to "outcompete" the new fintech wave. BoA has cited the area of cryptocurrencies as a huge possible expenditure for the business of the bank and its eventual inability to stay on…

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