Barclays CEO Jes Staley (Jes Staley) has denied recent rumors about the opening of the British Bank of the Department of cryptocurrency trading. About it reports Financial News.

During the annual meeting of the Board Staley referred to the legislative barriers and the complexity of compliance:

“Cryptocurrency is a real dilemma for us because, on the one hand, it’s hard to deny the innovation of technology, and we want to stay at the forefront of innovation in the field of Finance… on the other hand, cryptocurrencies can potentially be involved in the activities with which the Bank does not want to have anything to do”.

In mid-April there were reports that Barclays allegedly gave a preliminary assessment of consumer demand, to ensure the appropriateness of participation in the auctions of virtual assets. Staley, however, confirmed that the Bank assists clients in resolving futures bitcoin purchased on derivatives exchanges (CME, CBOE, etc.).

Statement Staley recalls a refutation of Goldman Sachs CEO Lloyd Blankfein (Lloyd Blankfein) rumors about the opening of the accounting Department. Goldman Sachs — presumably accidental — is a shareholder in the trading unit Circle in 2015. The recent appointment of a cryptocurrency trader Vice-President of the division markets digital assets Goldman Sachs explained, “the customers.”

Despite the tough stance of the head of Goldman Sachs in relation to bitcoin, the Bank nevertheless considers the state of cryptocurrency “incredibly useful”.