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HSBC has no plans to launch a cryptocurrency trading desk or offer the digital coins as an investment to customers, because they are too volatile . ....
HSBC has no plans to launch a cryptocurrency trading desk or offer the digital coins as an investment to customers, because they are too volatile and lack transparency, CEO Noel Quinn said. ....
Bitcoin not for us, HSBC CEO says Bitcoin not for us, HSBC CEO says Updated: Updated: May 26, 2021 17:53 IST Given the volatility we are not into Bitcoin as an asset class, if our clients want to be there then of course they are,but we are not promoting it as an asset class within our wealth management business, CEO Quinn said. Share Article HSBC CEO says Bitcoin not for us. | Photo Credit: Reuters Given the volatility we are not into Bitcoin as an asset class, if our clients want to be there then of course they are,but we are not promoting it as an asset class within our wealth management business, CEO Quinn said. ....
MONEYWEB app instead? HSBC CEO says Bitcoin not for us HSBC has no plans to launch a cryptocurrency trading desk or offer the digital coins as an investment to customer. By Lawrence White and Rachel Armstrong, Reuters 24 May 2021 11:50 Image: REUTERS/Dado Ruvic HSBC has no plans to launch a cryptocurrency trading desk or offer the digital coins as an investment to customers, because they are too volatile and lack transparency, its Chief Executive Noel Quinn told Reuters. Europe’s biggest bank’s stance on cryptocurrencies comes as the world’s biggest and best-known, Bitcoin, has tumbled nearly 50% from the year’s high, after China cracked down on mining the currency and prominent advocate Elon Musk tempered his support. ....