Barclays Can Open Crypto Trading Desk

Bank is gauging how interested clients of the bank would be in a crypto-specific trading desk
17 April 2018   547

Barclays, the second-largest bank in the U.K. by assets, is weighing the launch of a cryptocurrency trading desk. This is reported by Coindesk.

A source familiar with the situation told that the bank assesses how much its customers might be interested in such a proposal. 

At present, the bank does not have definite plans for trading crypto-currencies, the source said, adding that the majority, if not all banks are considering such a possibility.

The source added that Barclays is also evaluating the reasons for providing access to trading cryptocurrencies to all its customers, including institutional investors.

Barclays has no plans at this time to build a cryptocurrency trading desk. We constantly monitor developments in the digital currency space and will continue to have a dialog with our clients on their needs and intentions in this market going forward.
 

Andrew Smith

Spokesman, Barclays

Other banks have also previously addressed this issue, the most notable of which is probably Goldman Sachs. Rumors that Goldman could provide its clients with the opportunity to trade cryptocurrencies appeared in December, but a week later the bank's CEO Lloyd Blankfein dispelled them, although he did not rule out that in the future his company might reconsider its position.

Bitfury to Unveil BTC's Lightning Network Tools

An open-sourced LN wallet, software and hardware payment acceptance solutions, etc
23 January 2019   77

Bitfury Group presented a number of tools designed to foster the development of the Lightning Network (LN), CoinDesk reports.

Among them: an open-sourced LN wallet, software and hardware payment acceptance solutions for merchants and payment processing. The company also introduced tools for developers and an open-source LN node called The Peach.

According to Bitfury representatives, all these tools are designed to make working with a second-level network easier and more convenient for companies and ordinary users. New products created by the Lightning Peach team.

By providing these products to the market, Bitfury is encouraging worldwide adoption of this technology and providing unparalleled support to consumers and merchants.
 

Valery Vavilov

CEO, Bitfury

Among other things, last week Bitfury added support for LN solutions on the BTCBIT cryptocurrency exchange.