HSBC, which is one of the largest banks in the world, revealed that for now, its custody plans involve “tokenized securities issued on third-party platforms.” HSBC Holdings (LSE: HSBA), in partnership with Ripple Labs subsidiary Metaco, has announced plans to launch a digital assets custody service for institutional clients. The service will offer custody for assets such as tokenized securities and is expected to launch next year. It will complement HSBC’s Orion digital assets issuance...
Read More »Japan’s Nikkei 225 Average Records Biggest Weekly Loss Not Seen Since December 2022
CoinspeakerJapan’s Nikkei 225 Average Records Biggest Weekly Loss Not Seen Since December 2022 As the global economic downturn continues, especially with headwinds in China, the Nikkei 225 recorded a big weekly loss as stocks fell. Japan’s Nikkei 225 Average Records Biggest Weekly Loss Not Seen Since December 2022
Read More »HSBC Approves Bitcoin and Ethereum ETF Trading in Hong Kong
In conjunction with its decision to allow Bitcoin and Ethereum ETF trading, HSBC has launched the Virtual Asset Investor Education Centre. HSBC Holdings plc (LON: HSBA), the largest bank in Hong Kong, has made history by becoming the first bank in the region to offer crypto trading services to its customers. As revealed by Independent Chinese Journalist, Wu Blockchain, customers can now buy and sell Bitcoin (BTC) and Ethereum (ETH) Exchange-Traded Funds (ETFs) listed on the Hong Kong...
Read More »Hong Kong Mounts Pressure on HSBC and Standard Chartered Bank to Service Crypto Customers
The new development aligns with the country’s ambition to become a prominent global hub for crypto. In a bold move aimed at embracing the crypto revolution in Hong Kong, the country’s banking regulator has reportedly exerted significant pressure on major financial services companies, including HSBC and Standard Chartered Bank, to accept crypto exchanges as clients. According to a Financial Times report on Thursday citing three people familiar with the matter, the Hong Kong Monetary...
Read More »HSBC Unveils HSBC Innovation Banking with Expertise Help from Its Silicon Valley Bank UK (SVB UK)
The HSBC Innovation Banking unit has more than 650 employees in the UK, over 40 members in the US, and hiring more in Hong Kong and Tel Aviv. HSBC Holdings PLC ADR (NYSE: HSBC), a British universal bank and financial services group with more than $10 trillion in assets under custody (AUC), has launched a new banking tech unit dubbed HSBC Innovation Banking with the help of expertise from former Silicon Valley Bank UK (SVB UK). Closer Look at the HSBC Innovation Banking Unit According to...
Read More »HSBC CEO Promises Silicon Valley Bank UK Will Not Suspend Focus on Startups amid Expansion
HSBC CEO has doused fears that Silicon Valley Bank UK will suspend or not adequately focus plans on helping startups. The CEO of HSBC UK has said that Silicon Valley Bank UK will continue its regular business of serving startups regardless of new ownership. Ian Stuart noted that Silicon Valley Bank will maintain its processes and business without disruption. At the Money 20/20 fintech conference in Amsterdam, Stuart assured CNBC’s Arjun Kharpal of protecting Silicon Valley Bank. He said:...
Read More »HSBC Acquires Troubled Silicon Valley Bank (SVB) UK Subsidiary for £1, Shares Down Today
Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.
Read More »The Sandbox Launches 2,333 Gordon Ramsay Avatars in New Metaverse Move
Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.
Read More »EIB Launches First Digital Sterling Bond Product on Blockchain
Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.
Read More »New York Fed Plans to Launch 12-week CBDC Pilot Program, Features Top US Banks
Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.
Read More »