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One in five financial institutions consider cryptocurrency trading, survey says

Updated : April 24, 2018 02:58 PM IST

Among those respondents who said they were willing to trade cryptocurrencies like bitcoin, the best known of the digital coins, 70% said they were planning to start trading in the next three to six months, the survey showed.
The survey covered more than 400 clients across Thomson Reuters Corp platforms including large asset managers, hedge funds and trading desks at the biggest banks.
Banks are examining client interest and several hedge funds have tried their hand trading virtual currencies.
One in five financial institutions consider cryptocurrency trading, survey says

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