HSBC Says Virtual Currencies Will Soon Become Mainstream

What's Next In Payments®
4:52 PM EDT June 6th, 2012

HSBC expects virtual currencies to become a popular form of exchange in the near future, according to the Financial Review.

“We have a planning assumption that virtual currencies will become mainstream in three to five years,” said Andrew Davis, HSBC’s global head of e-channels strategy and innovation.

Read the full story here.

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