In an annual filing to the Security and Exchange Commission, America’s second-largest bank has expressed fears over cryptocurrency’s potential to undermine the control of major banks. Making things difficult It has long been speculated that Bitcoin and other cryptocurrencies pose a threat to major banks and traditional financial institutions. Now, Bank of America admits it could be forced to deal with the β€œsubstantial” costs associated with the emerging market. β€œThe widespread adoption of new technologies, Read More The post Bank of America Admits Bitcoin is a Threat in SEC Report appeared first on Bitcoinist.com.



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