Report: Barclays Drops Plan for Cryptocurrency Trading Desk

Barclays Reportedly Stops Its Cryptocurrency Trading Desk InitiativeBarclays (LSE: BARC) has reportedly scrapped its plan to launch a cryptocurrency trading desk. However, it remain unclear whether the U.K. banking giant is acting under pressure from regulators or for other reasons, such as insufficient demand for crypto-related services from hedge funds. Also Read: Research: Corporations Fail to Deliver on Blockchain Hype, Scalability a […]

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Barclays Testing the Waters for a Cryptocurrency Trading Desk

Barclays Testing the Waters for a Cryptocurrency Trading DeskWhile the big banks are usually very skeptical of bitcoin in public, below the radar they could all already be making plans to gain a foothold for themselves in the ecosystem. The latest example is Barclays that is reportedly asking clients about a possible move into the crypto trading space.  Also Read: Coinbase Acquires Earn.com […]

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Russian Ministry Offers to Set Up Crypto Exchange for Miners

Russian Ministry Offers to Set Up Crypto Exchange for MinersRussia’s Ministry of Telecom and Mass Communications has put forward the idea to set up a cryptocurrency exchange, where Russian miners can trade their digital coins for fiat money. The ministry has held consultations with representatives of the crypto sector and prepared a comprehensive concept to regulate the mining industry. Also read: Two Russian Regions […]

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