HSBC CEO: “We will not work with cryptocurrencies due to their high volatility”
HSBC CEO Noel Quinn said he has a negative view of cryptocurrencies due to their excessive volatility, so the bank will not offer services related to digital assets. Noel Quinn has been a skeptic about cryptocurrencies before, and in a recent interview, he confirmed his position. Quinn said that as a banking giant, HSBC has no intention of providing crypto-currency services to customers and cooperating with exchanges. He considers digital assets unstable, especially against the…