In their annual report 2017 J.P. Morgan Chase added a segment on crypto to the “Risk Factor” section. The report also states: “… financial institutions and their non-banking competitors face the risk that payment processing could be disrupted by technologies, such as cryptocurrencies.” The main fear is that such competition may potentially “put downward pressure on prices and fees for JPMorgan Chase’s products and services or may cause JPMorgan Chase to lose market share.”