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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.
Here are the current crypto prices:
- Markets Insider
In the news:
- A top Coinbase exec explains the master plan to turn the $1.6 billion cryptocurrency exchange into the next Google
- An ETF veteran who ditched Wall Street for crypto explains how bitcoin can fit into a portfolio
- Crypto mania is creating a 10x sales boost for compliance businesses: ‘No company wants to deal with North Korean drug traffickers’
- Rapper Lupe Fiasco says cryptocurrencies are like ‘baseball cards,’ but that blockchain can ‘revolutionize’ the music industry
- One of bitcoin’s biggest problems is showing signs of getting better
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