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Bitcoin Death Signal?: What the U.K. and HSBC Clampdown Really Means for the Cryptocurrency - YouTube (youtube.com)
HSBC, the largest bank in the U.K, will no longer be transacting with cryptocurrency exchanges; it will neither process crypto payments nor allow wallet-to-bank transfers. The news follows the country's Financial Conduct Authority issuing a warning to avoid cryptos, noting that investors could lose all their money. Our Daniela Cambone speaks with industry insider Vince Lanci of Echobay Partners about the ramifications for bitcoin.

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    • 1
    Francisco Gimeno - BC Analyst HSBC is very worried about money laundering, thus its position on BTC and crypto. Other banks instead are crypto friendly. Authorities warning investors is a normal thing. It's in fact, their work, warning and protecting investors. Any market has risks, and in volatile times like these even more. So, let's not act with fear or greed. In summary, do your own homework on this, and be positive.