Barclays (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 […]
The post Report: Barclays Drops Plan for Cryptocurrency Trading Desk appeared first on Bitcoin News.
Powered by WPeMatico
]]>
While 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 […]
The post Barclays Testing the Waters for a Cryptocurrency Trading Desk appeared first on Bitcoin News.
Powered by WPeMatico
]]>
Russia’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 […]
The post Russian Ministry Offers to Set Up Crypto Exchange for Miners appeared first on Bitcoin News.
Powered by WPeMatico
]]>