CRYPTO IS A BUSINESS RISK

in #cryptocurrenncy7 years ago


"Our inability to adapt our products and services to develop industry standards and consumer preferences can jeopardize our business," BoA said in the archive. As the SEC report continues, the institutional awareness of the threat posed to its core business offerings by competitors becomes clear "" ... Competitive landscape can be affected by the growth of non-storage agencies offering products that traditionally have new banking products and innovative products, "estimates BoA The report continues: "This can reduce net interest margins and revenues from our cost-based products and services. In addition, the adoption of extensive new technologies, including Internet services, crypto systems and payment systems, requires substantial expenditures to modify or customize products and the service is there "

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