HSBC: Seventh largest bank in the world rumoured to be blocking cryptocurrency transactions?

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Banks and the cryptocurrency world have been at odds ever since the latter emerged a decade ago. From initially shrugging decentralized currency off as a mere distraction, now the disruptive force has irked the banking industry with the seventh largest bank in the world, HSBC rumored to be halting cryptocurrency transactions.

Hong Kong and Shanghai Banking Corporation [HSBC], the British multinational financial services giant is purportedly engaging in blocking all transactions related to…



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