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Cryptocurrencies are indeed a headache for banks as more of them are now opening up to the threat it poses to their business and survival.  JP.Morgan finally declares cryptocurrencies are a threat to their business for the first time in their annual report on Tuesday.   Sponsored JP.Morgan has featured in many cryptocurrency related news in the past weeks and months mostly for the negative reasons. After calling Bitcoin a fraud, it was clear Jamie Dimon didn’t see a fraud but saw a real threat when he made that statement. On Tuesday, JP Morgan released their annual report where the bank...

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