A group of banks, including HSBC and Bank of America, have created a new blockchain solution that will help to streamline the process of global trade.
HSBC has agreed to “unintentional breaches” in a naked short selling charge in South Korea.
The HSBC and Standard Charted execs both believe that tokenization can close the wide gap between global trade finance requests and approvals.
Australian Federal Police (AFP) teams up with blockchain firm Chainalysis to disrupt cryptocurrency crime. The Policing Cybercrime Coordination Center (PCCC) shares wallet data, trains officials on tracing stolen funds, and develops real-time scam detection strategies.
HSBC Bank announced that corporate clients can now link their bank accounts directly with digital yuan accounts.
HSBC’s bold move may have set a new standard for blockchain-based financial products in Hong Kong’s retail market.
The anticipation surrounding a possible settlement revolves around the expectation that once a deal is inked, it will take away the gloom that still clouds Ripple Labs’ operations and finally set the firm and XRP on a path to truly thrive.
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’s foray into blockchain technology differentiates it from previous attempts by other financial institutions to streamline gold investing.
As we eagerly anticipate the main conference of the eighth edition of Hong Kong FinTech Week 2023, we are proud to present a lineup of female leaders who will share their expertise and insights on various aspects of the digital landscape, including Digital Assets, Web3, and Green Finance.
In light of HSBC’s robust results, the banking giant’s board approved a third interim dividend of 10 cents per share.
As the global economic downturn continues, especially with headwinds in China, the Nikkei 225 recorded a big weekly loss as stocks fell.
As the Hong Kong regulators started floating the VASP licenses earlier this month, Web3 firms have been spending a bomb in securing these licenses.
In conjunction with its decision to allow Bitcoin and Ethereum ETF trading, HSBC has launched the Virtual Asset Investor Education Centre.
The Google Cloud Anti-Money Laundering AI focuses on retail and commercial banking to accelerate risk detection.
The new development aligns with the country’s ambition to become a prominent global hub for crypto.