HSBC CEO Noel Quinn said the bank has no plans to launch a cryptocurrency trading desk or offer the digital coins as an investment to customers. Photo: Handout HSBC CEO Noel Quinn said the bank has no plans to launch a cryptocurrency trading desk or offer the digital coins as an investment to customers. Photo: Handout
HSBC CEO Noel Quinn said the bank has no plans to launch a cryptocurrency trading desk or offer the digital coins as an investment to customers. Photo: Handout
Bitcoin

HSBC CEO says no plans for cryptocurrency trading desk as digital coins are volatile and lack transparency

  • Stance marks HSBC out against some rival banks, such as Goldman Sachs, which has restarted a virtual-money trading desk
  • Bitcoin is down nearly 50 per cent in just 40 days from its year high of US$64,895 on April 14

Topic |   Bitcoin
HSBC CEO Noel Quinn said the bank has no plans to launch a cryptocurrency trading desk or offer the digital coins as an investment to customers. Photo: Handout HSBC CEO Noel Quinn said the bank has no plans to launch a cryptocurrency trading desk or offer the digital coins as an investment to customers. Photo: Handout
HSBC CEO Noel Quinn said the bank has no plans to launch a cryptocurrency trading desk or offer the digital coins as an investment to customers. Photo: Handout
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