Bitcoin Forum
January 17, 2019, 02:23:13 PM *
News: The copper membership price will increase by about 300% around Friday.
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [19-04-2018] Barclays Explores Cryptocurrency Trading Interest  (Read 48 times)
bitzamp.com
Jr. Member
*
Offline Offline

Activity: 140
Merit: 1


View Profile
April 19, 2018, 04:35:51 PM
 #1

Barclays Explores Cryptocurrency Trading Interest From Crypto Trading Desk
Barclays Plc has been assessing customer interest in the British bank from the cryptocurrency trading desk, potentially joining Goldman Sachs Group Inc. as a pioneer in a new business on Wall Street, according to people with knowledge of the subject.

This is the first cryptocurrency trading platform launched by a European investment bank. The bank is still

Read More: https://bitzamp.com/barclays-explores-cryptocurrency-trading-interest-from-crypto-trading-desk/
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1547734993
Hero Member
*
Offline Offline

Posts: 1547734993

View Profile Personal Message (Offline)

Ignore
1547734993
Reply with quote  #2

1547734993
Report to moderator
1547734993
Hero Member
*
Offline Offline

Posts: 1547734993

View Profile Personal Message (Offline)

Ignore
1547734993
Reply with quote  #2

1547734993
Report to moderator
IconFirm
Hero Member
*****
Offline Offline

Activity: 868
Merit: 521


Always ask questions.


View Profile
April 19, 2018, 04:48:43 PM
 #2

I don't believe this & hope it's not true.

Barclays are infamous for closing the accounts of crypto traders for no reason.

I wouldn't trust any exchange they're involved in, or any other bank for that matter.

Unofficial & Uncensored SYSCOIN thread: https://bitcointalk.org/index.php?topic=4748031.0
Do not trust Yobit/HitBTC/BiteBTC/Mercatox/C-cex/Poloniex/WEX/KuCoin/LiveCoin/TheRockTrading/Bitfinex/Okex scam exchanges or shady ICO's run by known scam companies like HashCoins/Ambisafe/Bountyhive - they WILL scam you!
Use due diligence & do research. Buy the coins, sell the coins - don't invest in stupid shit. If your questions aren't answered - don't touch it.
bitzamp.com
Jr. Member
*
Offline Offline

Activity: 140
Merit: 1


View Profile
April 19, 2018, 06:18:53 PM
 #3

I don't believe this & hope it's not true.

Barclays are infamous for closing the accounts of crypto traders for no reason.

I wouldn't trust any exchange they're involved in, or any other bank for that matter.
You can verify the News sir
jjacob
Legendary
*
Offline Offline

Activity: 1554
Merit: 1022


★Nitrogensports.eu★


View Profile
April 20, 2018, 05:37:13 AM
 #4

I don't believe this & hope it's not true.

Barclays are infamous for closing the accounts of crypto traders for no reason.

I wouldn't trust any exchange they're involved in, or any other bank for that matter.

Let me tell you something - if a bank smells money in any field, they will soon come around to doing business. They may warn you about the dangers of cryptocurrencies but if you are hell bent on dealing with them, there is good money to be made from selling cryptocurrencies to you. Sooner or later, one bank will enter the field and that will set off a stampede.


           █████████████████     ████████
          █████████████████     ████████
         █████████████████     ████████
        █████████████████     ████████
       ████████              ████████
      ████████              ████████
     ████████     ███████  ████████     ████████
    ████████     █████████████████     ████████
   ████████     █████████████████     ████████
  ████████     █████████████████     ████████
 ████████     █████████████████     ████████
████████     ████████  ███████     ████████
            ████████              ████████
           ████████              ████████
          ████████     █████████████████
         ████████     █████████████████
        ████████     █████████████████
       ████████     █████████████████
▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
      BITCOIN SPORTSBOOK     
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄           
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█                    ▀▄          █
 █   ▀▌     ██▄        █          █               
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████▄█████████████████████▄
   ▀▄     ███████▀                  ▀██
    █      ▀█████    ▄▄        ▄▄    ██
     █       ▀███   ████      ████   ██
     ▀▄        ██    ▀▀        ▀▀    ██
      █        ██        ▄██▄        ██
       █       ██        ▀██▀        ██
       ▀▄      ██    ▄▄        ▄▄    ██
        █      ██   ████      ████   ██
         █▄▄▄▄▀██    ▀▀        ▀▀    ██
               ██▄                  ▄██
                ▀████████████████████▀




  CASINO  ●  DICE  ●  POKER   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
   24 hour Customer Support   

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
bitzamp.com
Jr. Member
*
Offline Offline

Activity: 140
Merit: 1


View Profile
April 20, 2018, 01:07:42 PM
 #5

I don't believe this & hope it's not true.

Barclays are infamous for closing the accounts of crypto traders for no reason.

I wouldn't trust any exchange they're involved in, or any other bank for that matter.

Let me tell you something - if a bank smells money in any field, they will soon come around to doing business. They may warn you about the dangers of cryptocurrencies but if you are hell bent on dealing with them, there is good money to be made from selling cryptocurrencies to you. Sooner or later, one bank will enter the field and that will set off a stampede.
That is a fact..We can see what happened with Ripple.
1Referee
Legendary
*
Online Online

Activity: 1764
Merit: 1257


View Profile
April 20, 2018, 01:26:12 PM
 #6

I don't believe this & hope it's not true.

Barclays are infamous for closing the accounts of crypto traders for no reason.

I wouldn't trust any exchange they're involved in, or any other bank for that matter.

Realistic scenario/theory; banks try to cut down on future competition by making doing business impossible for exchanges, and then they themselves will launch 'fully legalized' exchanges to take over there where regular exchanges are no longer able to seek for banking services. It's definitely a nasty practice, but a very effective way to for banks tho prevent regular exchanges from fully utilizing their first mover advantage.

Banks have never been shy of these nasty practices, all to eliminate competitors with iron fist, and I am quite sure that my theory will be very close to the reality at some later point in the future. At that point you'll also see how they enable people to miraculously buy crypto with credit again. It's money they are after, money that they think belongs to them, greedy bastards that they are. One answer to this, and one word; DEX.

SlipMart
Full Member
***
Offline Offline

Activity: 406
Merit: 100


View Profile WWW
April 20, 2018, 02:53:54 PM
 #7

I don't believe this & hope it's not true.

Barclays are infamous for closing the accounts of crypto traders for no reason.

I wouldn't trust any exchange they're involved in, or any other bank for that matter.

Realistic scenario/theory; banks try to cut down on future competition by making doing business impossible for exchanges, and then they themselves will launch 'fully legalized' exchanges to take over there where regular exchanges are no longer able to seek for banking services. It's definitely a nasty practice, but a very effective way to for banks tho prevent regular exchanges from fully utilizing their first mover advantage.

Banks have never been shy of these nasty practices, all to eliminate competitors with iron fist, and I am quite sure that my theory will be very close to the reality at some later point in the future. At that point you'll also see how they enable people to miraculously buy crypto with credit again. It's money they are after, money that they think belongs to them, greedy bastards that they are. One answer to this, and one word; DEX.
I see this this happening in the future
IconFirm
Hero Member
*****
Offline Offline

Activity: 868
Merit: 521


Always ask questions.


View Profile
April 20, 2018, 03:30:30 PM
 #8

I don't believe this & hope it's not true.

Barclays are infamous for closing the accounts of crypto traders for no reason.

I wouldn't trust any exchange they're involved in, or any other bank for that matter.

Realistic scenario/theory; banks try to cut down on future competition by making doing business impossible for exchanges, and then they themselves will launch 'fully legalized' exchanges to take over there where regular exchanges are no longer able to seek for banking services. It's definitely a nasty practice, but a very effective way to for banks tho prevent regular exchanges from fully utilizing their first mover advantage.

Banks have never been shy of these nasty practices, all to eliminate competitors with iron fist, and I am quite sure that my theory will be very close to the reality at some later point in the future. At that point you'll also see how they enable people to miraculously buy crypto with credit again. It's money they are after, money that they think belongs to them, greedy bastards that they are. One answer to this, and one word; DEX.

Exactly. Or Bisq.

I don't & never will trust centralized exchanges - especially ones owned/run by any bank. Decentralize everything.

Unofficial & Uncensored SYSCOIN thread: https://bitcointalk.org/index.php?topic=4748031.0
Do not trust Yobit/HitBTC/BiteBTC/Mercatox/C-cex/Poloniex/WEX/KuCoin/LiveCoin/TheRockTrading/Bitfinex/Okex scam exchanges or shady ICO's run by known scam companies like HashCoins/Ambisafe/Bountyhive - they WILL scam you!
Use due diligence & do research. Buy the coins, sell the coins - don't invest in stupid shit. If your questions aren't answered - don't touch it.
Kprawn
Legendary
*
Offline Offline

Activity: 1694
Merit: 1052


View Profile
April 20, 2018, 04:39:47 PM
 #9

I don't believe this & hope it's not true.

Barclays are infamous for closing the accounts of crypto traders for no reason.

I wouldn't trust any exchange they're involved in, or any other bank for that matter.

I have to disagree with you. I used Barclays with my local exchange and have been doing this for years. I even approached

them before this and they did not close my account. They have a problem with money laundering, so if you cannot show

where the money came from, then you will be in a spot of bother. I have several Bank accounts with different Banking groups

as a backup plan.  Wink

Signature space for Hire :->
IconFirm
Hero Member
*****
Offline Offline

Activity: 868
Merit: 521


Always ask questions.


View Profile
April 20, 2018, 04:51:52 PM
 #10

Then you're one of the lucky ones. I've read many reports of them closing accounts for crypto trading - here's just a few examples:

https://www.telegraph.co.uk/finance/personalfinance/investing/11537972/Barclays-closed-down-my-bank-account-after-Bitcoin-trade.html

https://bitcointalk.org/index.php?topic=364293.0

https://bitcointalk.org/index.php?topic=364293.20

A backup plan is wise..... Smiley

Unofficial & Uncensored SYSCOIN thread: https://bitcointalk.org/index.php?topic=4748031.0
Do not trust Yobit/HitBTC/BiteBTC/Mercatox/C-cex/Poloniex/WEX/KuCoin/LiveCoin/TheRockTrading/Bitfinex/Okex scam exchanges or shady ICO's run by known scam companies like HashCoins/Ambisafe/Bountyhive - they WILL scam you!
Use due diligence & do research. Buy the coins, sell the coins - don't invest in stupid shit. If your questions aren't answered - don't touch it.
richardsNY
Legendary
*
Offline Offline

Activity: 1134
Merit: 1084


View Profile
April 20, 2018, 05:31:34 PM
 #11

Then you're one of the lucky ones. I've read many reports of them closing accounts for crypto trading - here's just a few examples:

I think banks are very selective when it comes to doing their job and closing or freezing accounts. I have seen various complaints pop up about people having problems with their bank accounts due to crypto activities in my country, while I am using that bank as well, but never have had anything to complain about. I even called the bank once to ask whether or not I'm at risk as well, because if so I would move to another bank, but they said everything is perfectly fine as long as you remain operating within their policies. I even asked why others have had their accounts closed, but they couldn't give me an answer on specific cases. It's very weird for sure, but as long as we somewhat depend on them, not much will change....
BitHodler
Legendary
*
Offline Offline

Activity: 1148
Merit: 1098


View Profile
April 20, 2018, 08:19:29 PM
 #12

I even asked why others have had their accounts closed, but they couldn't give me an answer on specific cases.
It might be related to the trigger points banks have. Banks have different types of trigger points each representing a certain category that could be fraud, suspicious activity, tax report triggers and so forth

Banks never share any information concerning their customers in such a fashion, so I'm not surprised they didn't say anything about it, and I'm glad they didn't, because they should value individual privacy.

I even called the bank once to ask whether or not I'm at risk as well, because if so I would move to another bank, but they said everything is perfectly fine as long as you remain operating within their policies.
I think that sums up pretty nicely what I was referring to when talking about trigger points. It's smart for people to first read through the terms of their bank, especially before conducting transactions involving higher amounts.

Universal pics
Newbie
*
Offline Offline

Activity: 34
Merit: 0


View Profile
April 21, 2018, 08:30:49 AM
 #13

I don't believe this & hope it's not true.

Barclays are infamous for closing the accounts of crypto traders for no reason.

I wouldn't trust any exchange they're involved in, or any other bank for that matter.

Let me tell you something - if a bank smells money in any field, they will soon come around to doing business. They may warn you about the dangers of cryptocurrencies but if you are hell bent on dealing with them, there is good money to be made from selling cryptocurrencies to you. Sooner or later, one bank will enter the field and that will set off a stampede.

this is true. ideas and concerns stop for the when the opportunity to grab miney occur
Hammond ltd
Newbie
*
Offline Offline

Activity: 38
Merit: 0


View Profile
April 21, 2018, 12:19:26 PM
 #14

I don't believe this & hope it's not true.

Barclays are infamous for closing the accounts of crypto traders for no reason.

I wouldn't trust any exchange they're involved in, or any other bank for that matter.

it's all about money, my friend. now they feel that more revenue can be generated with exploration of crypto and started to pay attention
Pages: [1]
  Print  
 
Jump to:  

Bitcointalk.org is not available or authorized for sale. Do not believe any fake listings.
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!