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   137

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.

Consensus 2018 summit to be held in New York City

4th annual blockchain technology summit - Consensus 2018, will take place in New York City on May 14-16
22 April 2018   37

CoinDesk has announced its 4th annual blockchain technology summit Consensus 2018 on May 14-16 at the New York Hilton Midtown. Along with the discussions on the blockchain technology, the event is going to feature a hackathon, PoW pitch competition and a scholarship award in a partnership with Zcash. Title sponsors of the event include bloq, Deloitte, Ledger, Octagon Strategy and SONM.

Consensus 2018 will feature 250+ speakers and 4,000+ attendees from the leading industry startups, investors, financial institutions, enterprise tech leaders, and academic and policy groups who are building the foundations of the blockchain and digital currency economy. Among the notable speakers there will be Blockstack co-founder Dr. Muneeb Ali, J.P.Morgan blockchain program lead Amber Baldet, eToro CEO and founder Yoni Assia, Hyperledger executive director Brian Behlendorf, ConsenSys founder Steve Cerveny, Athena Capital founder Meltem Demirors and many others.

The full 3-day agenda of the event can be found here.