LiteCoinGuy (OP)
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In Satoshi I Trust
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December 01, 2014, 04:49:53 PM |
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HSBC severs links with firm behind Bitcoin fundHSBC has severed ties with the firm behind the world's first regulated Bitcoin investment fund. Jersey-based hedge fund Global Advisors (GA) claims the bank was worried about "money laundering risk". GA's Daniel Masters told the BBC that the development threatens well publicised plans to make Jersey a global centre for digital currencies. http://www.bbc.com/news/world-europe-jersey-30261976
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BitCoinNutJob
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Activity: 1316
Merit: 1000
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December 01, 2014, 04:55:39 PM |
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HSBC severs links with firm behind Bitcoin fund
Jersey-based hedge fund Global Advisors (GA) claims the bank was worried about "money laundering risk".
lol thats funny coming from HSBC, the truth is they are corrupt and worried about losing manipulation abilities.
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indiemax
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December 01, 2014, 06:58:48 PM |
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fuk HSBC, shite bank anyway
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TheButterZone
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Activity: 3052
Merit: 1031
RIP Mommy
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December 01, 2014, 09:13:35 PM |
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Haters Shitting on BitCoin.
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Saying that you don't trust someone because of their behavior is completely valid.
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panju1
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Activity: 1246
Merit: 1000
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December 02, 2014, 01:30:09 AM |
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GA's Daniel Masters told the BBC that the development threatens well publicised plans to make Jersey a global centre for digital currencies.
Why would one bank's actions threaten plans to make Jersey a global centre for digital currencies? We do have a list of Bitcoin friendly and Bitcoin hostile banks. I guess one bank can make this a selling point - we are not averse to doing business with Bitcoin companies. Once the bitcoin economy grows and banks see what they are missing, I am sure they will start queueing up to open accounts for bitcoin companies.
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albus
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December 02, 2014, 05:14:44 AM |
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HSBC has been closing bitcoin related accounts for years. Hopefully that mistake will cost them in the future, even if don't doubt that the day BTC becomes totally mainstream and they adopt it everyone will salute them...
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LiteCoinGuy (OP)
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Activity: 1148
Merit: 1010
In Satoshi I Trust
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December 02, 2014, 03:46:39 PM |
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hilariousandco
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Join the world-leading crypto sportsbook NOW!
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December 03, 2014, 09:47:07 AM |
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HSBC has severed ties with the firm behind the world's first regulated Bitcoin investment fund.
Jersey-based hedge fund Global Advisors (GA) claims the bank was worried about "money laundering risk".
Hahahaha. Literally laughed out loud at that. Got to be a joke. http://mobile.wnd.com/2012/05/banking-giant-hsbc-a-criminal-enterprise/
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Ron~Popeil
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December 04, 2014, 04:50:10 AM |
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Hypocrites. Frankly the bitcoin world is better off without them.
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freedomno1
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Learning the troll avoidance button :)
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December 04, 2014, 07:31:16 AM |
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HSBC severs links with firm behind Bitcoin fund
Jersey-based hedge fund Global Advisors (GA) claims the bank was worried about "money laundering risk".
lol thats funny coming from HSBC, the truth is they are corrupt and worried about losing manipulation abilities. I had a good laugh, considering all the times I have heard the HSBC working with Wall Street Firms on some shady deal or other then the SEC coming out and charging them a fine later lol.
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Believing in Bitcoins and it's ability to change the world
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raskul
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December 04, 2014, 07:35:03 AM |
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when i first set up my kraken account, i initially tried to use my HSBC account. HSBC refused all money that i sent from kraken. I now use my other bank.
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tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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albus
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December 04, 2014, 10:13:44 AM |
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when i first set up my kraken account, i initially tried to use my HSBC account. HSBC refused all money that i sent from kraken. I now use my other bank.
even better, close your HSBC account! when I had one, any local transfer to or from another bank was charged! between any other bank, to or from, its free, where I live, they are hugely profiting from their dominant position...
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Lethn
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Merit: 1000
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December 04, 2014, 12:02:44 PM |
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Hypocrites. Frankly the bitcoin world is better off without them.
We don't need them, the fact is, the more people the banks shut out with their policies and corruption, the more they'll turn to cryptocurrencies instead, this whole idea that we 'need' regulation is just something beauracrats and politicians make up to seem relevant.
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