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HSBC Changes Crypto Policy, Now Bars Clients From Buying Stock of Companies That Hold Bitcoin
HSBC has reportedly changed its policy regarding cryptocurrency. The bank now prohibits customers from buying the stock of public companies that hold bitcoin, like Microstrategy. All of the companies with bitcoin treasuries could be on the chopping block at HSBC. дальше »
2021-4-10 20:30 | |
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HSBC Suspends Online Payment To Customer That Attempted Purchasing Bitcoin for Medical Cannabis
HSBC, the recognized bank and financial institution, decided to suspend an online payment made by one of its customers. The person wanted to purchase Bitcoin (BTC) that would be used to buy medical cannabis for his 70-year-old wife. дальше »
2019-4-8 19:26 | |
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HSBC to Ally with Korean Banks for Commercial Launch of Voltron Blockchain
HSBC Bank Plc, one of the largest banking and financial institutions in the world, is looking to form a strategic partnership with South Korean lenders in a bid to make its Voltron distributed ledger technology (DLT) platform commercially available for the settlement of trade invoices and more, reports The Korea Times on March 12, 2019. дальше »
2019-3-14 20:00 | |
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SWIFT to Test Blockchain E-Voting Platform With Major Financial Entities
Shareholder voting is getting the blockchain treatment as SWIFT announced on March 6, 2019, that they will be testing out a new blockchain-based platform for that purpose with Deutsche Bank, DBS, HSBC. дальше »
2019-3-8 18:00 | |
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Blockchain Technology Helps HSBC Save 25 Percent on Forex Trade Settlements
HSBC has reported a successful trial of their blockchain-based “FX Everywhere” platform which has saved 25 percent of costs associated with forex trade settlements, Reuters reported on February 14, 2019. дальше »
2019-2-18 06:00 | |
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Ripple Hires Stuart Alderoty to Oversee All Legal Services
Stuart Alderoty, veteran legal expert and former General Counsel at CIT and HSBC, will be joining San Francisco based blockchain startup Ripple. Brad Garlinghouse, the chief executive of Ripple, announced the news on Twitter and welcome Alderoty on board. дальше »
2019-2-1 16:59 | |
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Former HSBC General Counsel Joins Ripple’s Legal Team
Ripple has announced in a press release that Stuart Alderoty, a former HSBC General Counsel will be taking over the role of General Legal Counsel at Ripple, January 30, 2019. Welcome to Ripple Since September 2018, Ripple, a blockchain-based payment processor found itself without any general counsel for legal services and compliance. дальше »
2019-2-1 07:00 | |
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HSBC Settles $250 Billion Worth of Forex Trades on Blockchain in 2018
Global banking giant HSBC announced on Monday that it has settled over $250 billion in forex trades using blockchain tech in 2018. The bank showed its interest in blockchain technology last year when it made the world’s first trade finance transaction on blockchain in May 2018. дальше »
2019-1-15 16:29 | |
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HSBC Completes Blockchain-Based Transaction for India’s Reliance Industries
The British multinational banking organization HSBC and Belgium’s ING Bank have partnered to execute a trade transaction using the blockchain network from a U. S. -based Tricon Energy to India’s Reliance Industries. дальше »
2018-11-5 22:00 | |
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HSBC, HKMA, and Ten Other Banks Join Forces to Launch Blockchain-Based Trade Finance Platform
HSBC, in partnership with Standard Chartered and ten other banks, rolled out a new blockchain-powered trade finance program called eTrade Connect on October 31, 2018. The new platform aims at removing unwarranted delays hampering the efficiency of international trade. дальше »
2018-11-3 00:00 | |
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Bitfinex Stops USD Deposits To Their Exchange
The popular digital currency exchange, Bitfinex has reportedly stopped its USD deposits to their exchange. This news comes after last weeks, several rumours that the exchange was broke which made management forced to step up and deny the rumours that they were not bankrupt. дальше »
2018-10-11 21:30 | |
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Nigerian President Demands HSBC Bank Return $100M in Stolen Money
Decentralised cryptocurrencies like bitcoin are anathema to traditional banking. Bitcoin allows people to trade directly with each other, bypassing banks, the conventional middlemen. Banks make money by charging fees for the services they provide, including keeping one’s money in a bank. дальше »
2018-9-17 02:28 | |
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HSBC Is Now a Front-Runner in the Blockchain Technology Race
In 2015, HSBC blockchain efforts were limited to finding interns who understood Bitcoin. Now the British banking giant is leading the pack with blockchain tech. The post HSBC Is Now a Front-Runner in the Blockchain Technology Race appeared first on CoinCentral. дальше »
2018-9-4 17:01 | |
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Banks Freeze Company’s Accounts After Owner Traded on Localbitcoins
The owner of cryptocurrency mining electric bicycle retailer, 50cycles, recently had his company’s accounts with HSBC and Barclays frozen within hours of transacting on peer-to-peer cryptocurrency trading platform, Locabitcoins. дальше »
2018-8-26 12:15 | |
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UK Banks Freeze Company’s Accounts After Owner Traded on Localbitcoins
The owner of cryptocurrency mining electric bicycle retailer, 50cycles, recently had his company’s accounts with HSBC and Barclays frozen within hours of transacting on peer-to-peer cryptocurrency trading platform, Locabitcoins. дальше »
2018-8-26 12:15 | |
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Business Owner of Crypto Generating Bike Has Accounts Frozen by Barclays and HSBC
Barclays and HSBC have allegedly blocked three accounts of a U. K. -based electric bike retailer for having traded Bitcoin for cash through a popular P2P trading platform hours earlier. The alarming situation comes five months after crypto exchange Coinbase opened a bank account with Barclays. дальше »
2018-8-25 00:00 | |
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Bitcoin Trading: e-bike Business Owner’s Account Shut Down by High Street Banks.
Scott Snaith, the owner of 50cycles – an e-bike company, recently had his bank accounts frozen by two prominent banks in the United Kingdom. Snaith is accusing both banks of discriminatory practices due to his involvement in cryptocurrency trading. дальше »
2018-8-24 14:01 | |
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HSBC Cautiously Exploring Crypto Use Cases
The interest of global banking giants in blockchain technology is well known. From Goldman Sachs to JPMorgan Chase, banks have had a hard time ignoring this innovative technology, which is designed to revolutionize the financial industry. дальше »
2018-7-21 13:29 | |
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