Bank of America Worried About Competing with Cryptocurrencies

By Carlos Terenzi in CRYPTOCURRENCY NEWS HOME February 25, 2018

Cryptocurrencies are able to change the way in which the financial world works.

Banks know that Cryptocurrencies are real competitors for stablished financial institutions nowadays.

Bank of America has officially commented that it might not be able to compete with cryptocurrencies.

This is the first time that an important bank recognizes problems to compete with virtual currencies.