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Hargreaves Lansdown Adds Bitcoin Trading After Initial Hesitation

Created at 4 Sep · 9:21 PM1 source↑ Market-relevant
IN SHORT

UK investment firm Hargreaves Lansdown has launched Bitcoin trading services for its clients, reversing its previous stance on the cryptocurrency's volatility. The move allows customers to buy and sell Bitcoin directly through the platform.

Who's Involved

Hargreaves Lansdown
British investment firm offering Bitcoin trading
Mathew Di Salvo
Author

↳ Why This Matters

This move signifies a shift in how established financial institutions are approaching digital assets, with Hargreaves Lansdown now offering direct access to Bitcoin after previously expressing concerns about its volatility.

Key facts

  • Hargreaves Lansdown has launched Bitcoin trading services.
  • The firm previously stated Bitcoin was too volatile.
  • Clients can now buy and sell Bitcoin directly on the platform.

British investment firm Hargreaves Lansdown has reversed its previous stance on Bitcoin, announcing the launch of trading services for the cryptocurrency. Last year, the firm had stated that Bitcoin was too volatile for its clients. The new offering allows customers to buy and sell Bitcoin directly through the Hargreaves Lansdown platform.

Frequently asked questions

Hargreaves Lansdown is a British investment firm that provides a platform for clients to manage their investments.

Previously, Hargreaves Lansdown considered Bitcoin too volatile for its clients. Now, they have launched Bitcoin trading services.

Clients can buy and sell Bitcoin directly through the Hargreaves Lansdown platform.

How It Developed

Hargreaves Lansdown initially deemed Bitcoin too volatile for its clients.
The firm has now reversed its position and introduced Bitcoin trading.
Clients can now buy and sell Bitcoin directly via the Hargreaves Lansdown platform.

Sources

T1
Hargreaves Lansdown Reverses Course, Rolls Out Bitcoin TradingBitcoin Magazine

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