Barclays

Website:

https://www.barclays.co.uk/

Email:

[email protected]

Telephone:

0800 015 4242

Address:

1 Churchill Place

London, UK, E14 5HP

Social:

This statement was published on Bloomberg.com on April 18, 2018:

Barclays Plc has been gauging clients’ interest in the British bank starting a cryptocurrency trading desk, potentially joining Goldman Sachs Group Inc. in pioneering a new business on Wall Street, according to people with knowledge of the matter. …

Demand for such services is plentiful. Hedge funds that deal with Bitcoin and other virtual currencies have been eager to find banks to handle transactions — much like prime brokers do with securities — and potentially serve as custodians of digital assets. Some money managers have struggled to expand into crypto, in part because of rules that prevent them from using unregulated exchanges to trade and hold investments.

 

On May 1st, this was published on Newsbtc.com:

“Cryptocurrency is a real challenge for us because, on the one hand, there is the innovative side of it and wanting to stay in the forefront of technology’s improvement in finance… On the other side of it, there is the possibility of cryptocurrencies being used for activities that the bank wants to have no part of… We constantly monitor developments in the digital currency space and will continue to have a dialog with our clients on their needs and intentions in this market.”

This statement was published on Bloomberg.com on April 18, 2018:

Barclays Plc has been gauging clients’ interest in the British bank starting a cryptocurrency trading desk, potentially joining Goldman Sachs Group Inc. in pioneering a new business on Wall Street, according to people with knowledge of the matter. …

Demand for such services is plentiful. Hedge funds that deal with Bitcoin and other virtual currencies have been eager to find banks to handle transactions — much like prime brokers do with securities — and potentially serve as custodians of digital assets. Some money managers have struggled to expand into crypto, in part because of rules that prevent them from using unregulated exchanges to trade and hold investments.

 

On May 1st, this was published on Newsbtc.com:

“Cryptocurrency is a real challenge for us because, on the one hand, there is the innovative side of it and wanting to stay in the forefront of technology’s improvement in finance… On the other side of it, there is the possibility of cryptocurrencies being used for activities that the bank wants to have no part of… We constantly monitor developments in the digital currency space and will continue to have a dialog with our clients on their needs and intentions in this market.”