HSBC Bans MicroStrategy Share Purchases Over Bitcoin Link

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HSBC Bans MicroStrategy Share Purchases Over Bitcoin Link

Reading Time: 2 minutes HSBC InvestDirect has apparently banned investors on its platform from buying shared in MicroStrategy due to its link with bitcoin In a message to a user, the bank called MicroStrategy a “virtual currency product”and said that further purchases were not allowed The FinCen Files leak in 2020 showed that HSBC allowed a British criminal gang to funnel money through the bank HSBC InvestDirect has apparently banned investors from buying shares in MicroStrategy due to its Bitcoin position. In a tweet posted yesterday, Twitter user Klaus Lovgreen posted a message from the bank, presumably to him, that warns him that HSBC
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