Finance: CRYPTO INSIDER: Wall Street is terrified of cryptocurrencies - CAMPUS94

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Monday, 26 February 2018

Finance: CRYPTO INSIDER: Wall Street is terrified of cryptocurrencies

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Bank of America showed just how scared Wall Street is of bitcoin in a regulatory filing Thursday.

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Wall Street is terrified of cryptocurrencies, and Bank of America's latest regulatory filing shows just how scared they are. The bank mentioned cryptocurrencies three times in the risks section of its prospectus, saying it could undermine many of the firm's core businesses if it can't keep up with innovation.

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