Post
Topic
Board Legal
Topic OP
HSBC canada not allowing to buy any crypto related instrument
by
Antonioz
on 13/03/2021, 17:35:20 UTC
So I already own some crypto but just for the sake of it I tried to buy a tiny portion of BTCC (the canadian bitcoin etf) , or other crypto related instrument, and whenever I try HSBC invest direct (in canada) blocks the order, saying:
"alert! your trade ticket was rejected due to no trades allowed on Virtual Currencies"

here are some snapshot of the message:


https://drive.google.com/file/d/1OPs9DLOvtD7s7ExpUU4vhVSjpgt0dUz4/view?usp=sharing

https://drive.google.com/file/d/1qQSDItkOqJNAvvm3D67kCx3AWqYdim20/view?usp=sharing

https://drive.google.com/file/d/1a-ewt9m96vcjAuzgwDSGLAtuRHlMOlH_/view?usp=sharing

this is concerning, because maybe it means banks will start banning cryptos. And what is the point of creating ETFs etc... if then banks do not allow to invest in them?? is it only HSBC doing this?