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Polygon & Reddit Co-Founder Go For Web 3.0, Career Moves + More News
17.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Polygon & Reddit Co-Founder Go For Web 3.0, Career Moves + More News
HSBC and IBM create successful multi-ledger CBDC demo
16.12.2021
The two firms successfully executed cross-realm and end-to-end digital asset transactions with the pilot test, which can also settle securities and forex
Wells Fargo and HSBC Will Settle Currency Trades Using Blockchain
15.12.2021
The blockchain sector was in the headlines recently, with Wells Fargo and HSBC announcing to use of the technology. The two banks have started using blockchain technology to settle transactions directly. In addition, the institutions will reconcile and pay off deals in sterling, dollars, Canadian...
Wells Fargo partners with HSBC to settle FX transactions using blockchain
14.12.2021
Juniper research report says cost-savings for banks using blockchain tech would grow by 3,300% by 2030
Fraud-Accused South African Bitcoin Trader to Turn Himself Over to Police: Report
19.10.2021
Sandile Shezi, the young South African bitcoin trader who is facing fraud charges, has denied allegations he scammed shareholders in his Global Forex Institute. Shezi: Shareholders Signed Up for Education, Not Investments Despite his rejection of the allegations, a spokesperson for...
HSBC CEO backs CBDCs against crypto and stablecoins
22.9.2021
Banking giant HSBC echoes global stablecoin concerns, calling for regulation to be equivalent to its adoption level
HSBC Becomes Latest Bank to Suspend Payments to Crypto Exchange Binance in UK
3.8.2021
HSBC has reportedly become the latest British bank to announce that it has suspended payments to cryptocurrency exchange Binance. Citing a consumer warning by the country’s financial regulator, the Financial Conduct Authority (FCA), the bank told its customers: “We’ve made this...
HSBC UK reportedly cuts credit card payments to Binance
3.8.2021
“We take our duty as a responsible lender seriously and want to do everything we can to protect you,” HSBC UK reportedly wrote
Gold Spikes Higher as Fed’s Minutes Report Looms, Central Bank Bullion Purchases Begin to Swell
6.7.2021
After a long break, monthly purchasing data shows that central banks are buying gold again. The World Gold Council says throughout March and April, the organization recorded a higher level of central bank monthly gold purchases and the latest data from May shows the exact same trend. Gold Rises...
HSBC becomes first foreign entity onboarded to Dubai’s KYC blockchain
30.6.2021
HSBC plans to improve the KYC process for local investors and corporate clients by leveraging blockchain technology
Standard Chartered plans European crypto exchange after HSBC says 'no' to industry
2.6.2021
A new joint venture with the owner of the first licensed Hong Kong exchange will focus on institutional clients in the U.K. and Europe
Bitcoin not on the agenda for HSBC says bank's CEO
25.5.2021
HSBC will not be joining the growing list of major banks offering Bitcoin and crypto investment products to customers and clients
HSBC Won’t Launch Bitcoin Trading Desk, CEO Says Bank Has No Plans to Offer Cryptocurrency Investments
24.5.2021
HSBC has confirmed its bitcoin and cryptocurrency stance as a growing number of major banks are beginning to offer crypto services. CEO Noel Quinn says that HSBC views bitcoin as an asset class rather than a payments vehicle but the bank is not rushing into providing cryptocurrency investments...
HSBC Changes Crypto Policy, Now Bars Clients From Buying Stock of Companies That Hold Bitcoin
10.4.2021
HSBC has reportedly changed its policy regarding cryptocurrency. The bank now prohibits customers from buying the stock of public companies that hold bitcoin, like Microstrategy. All of the companies with bitcoin treasuries could be on the chopping block at HSBC. HSBC Now Bars Clients From Buying...
HSBC reportedly blacklists MicroStrategy's stock for investing in Bitcoin
9.4.2021
The investment banking giant now reportedly classifies MicroStrategy as a “virtual currency product.”
Former HSBC Exec and Blockchain Expert Diana Biggs Joins Valour as CEO
11.2.2021
Biggs is an associate fellow at the University of Oxford's Saïd Business School, guest lecturing on blockchain technology and digital assets
Russian Alfa-Bank joins HSBC-backed blockchain trade finance network
3.11.2020
A major global blockchain trade network welcomes one of Russia's largest banks
HSBC Carries Out Bangladesh’s First Blockchain Letter-of-Credit Transaction
3.11.2020
HSBC said the transaction over the Contour trade finance blockchain platform slashed the time normally taken to process letters of credit
HSBC Bangladesh uses blockchain to import 20,000 tons of fuel oil from Singapore
3.11.2020
HSBC Bangladesh has completed the country’s first blockchain-powered cross-border trade settled using a letter of credit
Fintech Connect Unveils Its 2020 Agenda Featuring Speakers From Starling Bank, Tide, Facebook, Pinterest & HSBC
24.10.2020
Agenda for the UK’s largest fintech show includes sessions from more than 100 fintech heavyweights across four virtual conference streams LONDON, UK—October 15, 2020: FinTech Connect, the trade show that connects the global fintech ecosystem, today revealed the agenda for its 2020 virtual event...