Cryptocurrencies
Barclays Is Sounding Out Clients About Trading Crypto
- Bank says it has no current plans to trade digital currencies
- Bitcoin has halved in value since December peak of $19,000
Barclays May Be Banking on Bitcoin
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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.
Barclays has so far only done a preliminary assessment of demand and feasibility, said the people, who asked not to be identified because the information isn’t public. The bank said Monday it currently has no concrete plans to start such an operation.