News Update: Barclays Bank Cryptocurrency News Update

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Barclays Bank Cryptocurrency, As one of the alternatives, some are looking. And while coinbase found a replacement in u.k. Any views expressed in this publication or video are those of the author (s) or speaker (s) alone and are subject to change without.

Report Barclays Drops Plan for Cryptocurrency Trading
Report Barclays Drops Plan for Cryptocurrency Trading from www.sentiman.io

Barclays bank in the u.k. Bitcoin is up more than 200% since october while ethereum, the second most popular cryptocurrency, climbed by 190% over the same period. Sources familiar with the matter claim that the company has been consulting customers to determine whether there is enough interest.

Report Barclays Drops Plan for Cryptocurrency Trading It’s believed that the ongoing bear market in the world of cryptocurrency significantly dampened the bank’s enthusiasm for the work.

Then in april, anonymous sources told bloomberg that the bank had performed an assessment of client interest in the field. Barclays <barc.l> is no longer providing banking services to major cryptocurrency exchange coinbase, sources familiar with the matter told reuters, ending a relationship that started in march last. Barclays was exploring just what the long term of cryptocurrency was, whether it would be a flash in the pan, or if it needed to plan longer term for its clients. Have suspended payments to binance until further notice. Barclays bank no longer facilitating binance crypto transactions.