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HSBC CEO reportedly says the bank will not expand its businesses into bitcoin, citing volatility in the cryptocurrency

HSBC CEO reportedly says the bank will not expand its businesses into bitcoin, citing volatility in the cryptocurrency

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HSBC chief Noel Quinn on Monday said that his bank has no plans of initiating a cryptocurrency desk nor offering these to clients, Reuters first reported.  The CEO of Europe’s largest bank cited the volatility of cryptocurrencies as the reason, as well as a lack of transparency in the digital assets.

...read full article on Business Insider

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