Barclays (LSE: BARC) has reportedly scrapped its plan to launch a cryptocurrency trading desk. However, it remain unclear whether the U.K. banking giant is acting under pressure from regulators or for other reasons, such as insufficient demand for crypto-related services from hedge funds. A group of senior Barclays executives have stopped working on the initiative, according to a report by Financial News London, citing two people familiar with the situation. Chris Tyrer, the man who headed the bank’s “digital assets project,” is said to have parted ways with Barclays in September, following a decision to put the ... (full story)