Cryptocurrency Skeptics Find an Ally: HSBC's New Boss John Flint
This article is for subscribers only.
Add another high-profile name to the ranks of cryptocurrency skeptics: John Flint, the incoming chief executive of HSBC Holdings Plc.
“The underlying technology, distributed ledger technology, has got lots of applications across our industry,” Flint said in a phone interview Tuesday after HSBC’s earnings announcement. “But we remain very skeptical about cryptocurrencies that exist for reasons largely of anonymity.”