HSBC has cut ties with a Bitcoin investment fund Reuters Banking giant HSBC has cut off links between itself and the company responsible for the world’s first regulated bitcoin investment fund.
The BBC reports that the bank ended its relationship with Jersey-based Global Advisors Bitcoin Investment Fund (GABI) as it was concerned about money laundering.
GABI’s founder, Daniel Masters, said that HSBC’s decision is a cause for concern for his company going forward, and could affect […]
