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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...

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Is Last Year’s Crypto Winter Over? Analysts Say, “Yup!”

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Is the crypto winter of 2022 officially over? According to various analysts, the answer is “yes.” The Crypto Winter Is Done For The crypto winter of the previous year was one of the worst events on record for bitcoin and the digital currency arena. Prices of several assets fell like comets, and the industry...

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Standard Chartered: BTC Will Hit a Six-Figure Price Soon

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up After receiving a hardcore message of gloom and doom earlier today, it appears not everyone is worried about the state of crypto, and some – such as Standard Chartered – believe assets like bitcoin are well on their way to reaching new highs and the tops of the world’s financial ladders. Standard Chartered on...

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Standard Chartered Signs MoU with DIFC to Launch Digital Asset Custody Services in Dubai

Both parties look forward to partnering on opportunities that support their visions and promote a thriving digital asset ecosystem. Banking corporation Standard Chartered plans to launch digital asset custody services in the Dubai International Financial Centre (DIFC). While the plans are still subject to regulatory approval, Standard Chartered said the new digital asset custody services in Dubai will focus on institutional investors. Also, one of the banking corporation subsidiaries,...

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Standard Chartered-backed Zodia Crypto Custody Raises $36M in Funding Round Led by SBI Holdings

With the SBI investment, Zodia Custody will increase its Japan presence amid increased demand for digital assets from institutional investors in the country. Zodia Custody, an institutional-grade crypto asset custodial platform backed by Standard Chartered in association with Northern Trust, has announced that it raised approximately $36 million led by Japanese financial conglomerate SBI Holdings. The London-headquartered crypto startup announced that the funding round also saw...

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Popular Tech Investor Chamath Palihapitiya Says ‘Crypto Is Dead in America’

Chamath Palihapitiya blamed the US regulators for their heavy crackdown recently on the US crypto industry and all associated players. In the latest regulatory developments taking place in the United States, popular tech investor Chamath Palihapitiya shared a very cautious move about crypto assets. Over the last few years, Palihapitiya has been sharing bullish views about Bitcoin stating that it has replaced gold and that the BTC price would shoot to $200,000. Chamath Palihapitiya and His...

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Standard Chartered: Bitcoin Tipped to Hit $100,000 by 2024 End

With all the predictions, it appears that Bitcoin may truly be getting ready for a long rally. Flagship cryptocurrency Bitcoin could climb as high as $100,000 by the end of next year, according to Standard Chartered. If that level is reached, it would mark a 270% surge from Monday’s level of just over $27,000 that CoinMarketCap data shows. According to Standard Chartered‘s report, the so-called “crypto winter” is over, and from all indications, Bitcoin is set to go on a gaining...

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