HSBC’s CEO Explains Why Crypto Is Not in the Banking Giant’s Future

HSBC Is Not Getting Into Crypto, CEO Explains WhyBanking giant HSBC will not be offering crypto services, according to CEO Noel Quinn. Noting that HSBC is more negative on crypto than other banks, the executive stressed: “I do worry about the sustainability of the valuations of crypto.” HSBC Will Not Get Into Crypto, CEO Says The chief executive of HSBC, Noel Quinn, talked […]

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

HSBC Won't Launch Bitcoin Trading Desk, CEO Says Bank Has No Plans to Offer Cryptocurrency InvestmentsHSBC 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 […]

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