HSBC
HSBC UK Blocks Payments to Binance Exchange
Banking giant HSBC is blocking its U.K. customers from using credit cards to make payments to Binance after the Financial Conduct Authority (FCA)’s announcement in June saying the crypto exchange cannot conduct regulated activities in the country. “The Hash” panel discusses the latest enforcement action against Binance, possibly signaling the future of centralized exchanges.
HSBC UK Blocks Payments to Binance Exchange
The move follows the FCA's announcement that Binance cannot conduct regulated activities in the country.
HSBC Goes Live on UAE's 'KYC' Blockchain Platform
Data shared over the platform's blockchain enables institutions to see shared data about new customers.
HSBC CEO Says Bank 'Not Into Bitcoin' Due to Concerns Over Volatility: Report
The CEO of one of Europe's largest banks points to bitcoin's volatility as the primary reason for not pursuing a digital asset trading desk.
OK, Boomer: HSBC Bans Customers from Buying MicroStrategy, Coinbase Stocks
Financial giant HSBC is not hopping on the crypto bandwagon anytime soon. A representative from the company said the bank has a "limited appetite" for products that derive value from virtual currencies. Is HSBC's decision based on a lack of shareholder interest, or is the bank staying on the sideline out of fear? "The Hash" panel breaks down why some institutions are still reluctant to get into crypto.
Add Coinbase to the List of Crypto Stocks HSBC Won't Touch
An HSBC representative said the bank has “limited appetite to facilitate products or securities that derive their value from virtual currencies.”
HSBC Carries Out Bangladesh's First Blockchain Letter-of-Credit Transaction
HSBC said the transaction over the Contour trade finance blockchain platform slashed the time normally taken to process letters of credit.
Libra Hires HSBC Veteran Ian Jenkins as CFO, Risk Chief of Digital Payments Unit
Ian Jenkins joins fellow HSBC alum James Emmet, now the stablecoin group's CEO.
HSBC and Singapore Exchange Execute Successful $300M Digital Bond Issuance
Corporate bonds from Olam International – a major commodities supplier – were issued on SGX's digital asset platform.
Accenture, HSBC, Seba Bank Among Bank of France’s Eight CBDC Finalists
The Bank of France’s central bank digital currency experiments are moving forward with eight candidate firms picked.
