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HSBC Prohibits Customers From Buying MicroStrategy Stock On Its Online Trading Platform

Amy Liu

Summary: HSBC Bank (HSBC) recently blocked its customers from buying MicroStrategy stock (MSTR) on its online trading platform HSBC InvestDirect (HIDC). Previously, HSBC has changed its policy on virtual currencies (such as Bitcoin, Ethereum and other digital currencies) and products related to virtual currencies or with reference to the performance of virtual currencies.  The bank will ...

HSBC Bank (HSBC) recently blocked its customers from buying MicroStrategy stock (MSTR) on its online trading platform HSBC InvestDirect (HIDC). Previously, HSBC has changed its policy on virtual currencies (such as Bitcoin, Ethereum and other digital currencies) and products related to virtual currencies or with reference to the performance of virtual currencies. 

The bank will not participate in the promotion (purchase and/or exchange) of products related to virtual currency, or products related to the performance of virtual currency. At the same time, HSBC has instructed users who already own MicroStrategy stock not to purchase additional stock.

By Amy Liu

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