HSBC Won’t Launch Bitcoin Trading Desk, CEO Says Bank Has No Plans to Offer C...

HSBC Won’t Launch Bitcoin Trading Desk, CEO Says Bank Has No Plans to Offer C...

HSBC has confirmed its bitcoin and cryptocurrency stance as a growing number of major banks are beginning to offer crypto services. CEO Noel Quinn says that HSBC views bitcoin as an asset class rather than a payments vehicle but the bank is not rushing into providing cryptocurrency investments for clients. HSBC Confirms Crypto Stance HSBC CEO Noel Quinn said that the bank “has no plans to launch a cryptocurrency trading desk” or offer cryptocurrencies as investments to customers, Reuters reported Monday. Quinn was quoted as saying: “Given the volatility we are not into....


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Bitcoin not on the agenda for HSBC says bank's CEO

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