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HSBC, Hang Seng Join China’s Digital Yuan Pilot


Source: Eagle/Adobe The international banking giants HSBC and Hang Seng Bank have joined China’s digital yuan pilot. 21st Century Business Herald reported that a group of “four foreign banks” have “officially announced the launch of digital yuan business.” HSBC’s Chinese arm confirmed...

Vienna-Based Raiffeisen Bank Expands Services to Include Crypto Trading


Raiffeisen Bank. Source: Adobe / Cristi Austria’s Raiffeisen Bank is set to launch crypto trading services in 2024, joining a slew of European banks breaking into the digital asset custody business.  The 130-year-old bank announced plans for the service in April upon signing a letter of intent...

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