HSBC, Nationwide Join Growing List of Banks Restricting Crypto in the UK

120 +

Crypto Is Not Part Of HSBC’s Future, CEO Explains Why

Crypto is not part of every banks’ strategy for the future. HSBC, one of the world’s biggest multinational banks, says they’re not too confident about crypto and thus, will not be offering any service  related to it in the future.

340 +

Quarter of Surveyed Companies in Asia-Pacific Involved in Crypto, Says Recent Study

A new joint study by big-four accounting firm KPMG and British multinational bank HSBC finds that a quarter of all businesses in the Asia-Pacific region are crypto-related businesses. The post Quarter of Surveyed Companies in Asia-Pacific Involved in Crypto, Says Recent Study appeared first on BeInCrypto.

242 +

KPMG, HSBC report identifies crypto startups with unicorn potential in Asia

A joint report by two leading financial institutions, KPMG and HSBC, revealed that over a quarter of the 6472 startups operating in the Asia Pacific region have their core businesses in crypto-related activities.

237 +

Asian Crypto Start-Ups Could Become ‘Unicorns’ Despite Crypto Winter, Says Report

A joint report by KPMG and HSBC has shed light on the state of start-ups in the Asia Pacific. The report picked a handful of Web 3 companies that could emerge as unicorns in the coming years. The post Asian Crypto Start-Ups Could Become ‘Unicorns’ Despite Crypto Winter, Says Report appeared first on BeInCrypto.

346 +

HSBC debuts metaverse investment fund in Asia: Report

Once known as a skeptical institution of crypto, HSBC originally announced its first major move into metaverse in mid-March.

229 +

HSBC CEO backs CBDCs against crypto and stablecoins

Banking giant HSBC echoes global stablecoin concerns, calling for regulation to be equivalent to its adoption level.

229 +

Standard Chartered plans European crypto exchange after HSBC says 'no' to industry

A new joint venture with the owner of the first licensed Hong Kong exchange will focus on institutional clients in the U.K. and Europe.

123 +

HSBC steers clear of Bitcoin offerings for clients

London-based HSBC Holdings, one of the world’s biggest and Europe’s second largest bank, has no plans to offer Bitcoin or crypto products to its clients, a report on news outlet Reuters said today.

173 +

Bitcoin not on the agenda for HSBC says bank's CEO

HSBC will not be joining the growing list of major banks offering Bitcoin and crypto investment products to customers and clients.

163 +

HSBC Maintains Anti-Crypto Stance Amid Growing Institutional Players

HSBC Not Interested In Bitcoin Goldman Sachs, JP Morgan Chase & Co are a few of the legacy-backed financial institutions which have become pro-crypto in the last couple of months. Despite what many may call a green light by the growing adoption of cryptocurrencies in financial settlements, HSBC Bank has buckled down on its crypto […] The post HSBC Maintains Anti-Crypto Stance Amid Growing Institutional Players first appeared on BitcoinExchangeGuide.

275 +

No Bitcoin Plans For Europe’s Largest Bank – HSBC CEO Implies It ‘Messes Up Balance Sheet Of Clients’

The biggest bank in Europe just dealt another sordid blow to Bitcoin, as it joined the league of Crypto pessimistic financial institutions, declaring a general unwillingness to add the apex crypto coin to its asset class.

224 +

It’s not the first time – HSBC responds to China’s recent crypto regulation

According to Paul Mackel, global head of FX research for HSBC, the latest move by China to clamp down on cryptocurrency trading is not a “new development” He stated that the country has always put a strong regulatory framework on cryptocurrencies.

253 +

HSBC Won’t Launch Bitcoin Trading Desk, CEO Says Bank Has No Plans to Offer Cryptocurrency Investments

HSBC has confirmed its bitcoin and cryptocurrency stance as a growing number of major banks are beginning to offer crypto services. CEO Noel Quinn says that HSBC views bitcoin as an asset class rather than a payments vehicle but the bank is not rushing into providing cryptocurrency investments for clients. HSBC Confirms Crypto Stance HSBC […]

252 +

FTX наняла бывшего топ-менеджера банка HSBC

Бывший топ-менеджер банковского конгломерата HSBC Джонатан Чизман присоединился к бирже криптодеривативов FTX в качестве главы отдела внебиржевых (OTC) и институциональных продаж. Welcome to the team @jon_ftx! This was an episode in which I learned a good deal about financial institutions and the relationships we're seeing between them and crypto.

267 +

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.

171 +

HSBC Doesn’t Allow its Clients to Buy MicroStrategy Stock Due to its Policy Change on Crypto

The largest bank in Europe, stuck with ‘blockchain not bitcoin’ says it will not facilitate any product related to virtual currencies. The post HSBC Doesn’t Allow its Clients to Buy MicroStrategy Stock Due to its Policy Change on Crypto first appeared on BitcoinExchangeGuide.

175 +

As FCA Warns UK Crypto Investors, HSBC Halts Transfers

The Financial Conduct Authority (FCA) has issued a statement warning cryptocurrency investors that “they should be prepared to lose all their money. ” The news hit right after HSBC, a British multinational investment bank, announced that local cryptocurrency traders and investors would no longer be allowed to transfer funds between their accounts and cryptocurrency exchanges.

288 +

UK’s Financial Watchdog Issues a Crypto Warning; HSBC & Other UK Banks Blocking Transfers

A standard investment disclaimer — be prepared to lose all your money when investing in crypto. The post UK’s Financial Watchdog Issues a Crypto Warning; HSBC & Other UK Banks Blocking Transfers first appeared on BitcoinExchangeGuide.

196 +

Focus Shifts to Bitcoin (BTC) as HSBC Closes an Account Linked to Hong Kong Protestor Funding

In a bid to protect the Crypto market, HSBC shutters an account that is alleged to have been used to fund protestors in Hong Kong. This is according to a recent release by the Hong Kong Economic Journal dated November 18.

233 +

Could HSBC be planning to use XRPL for faster and more efficient payments across borders?

Clean the dust off your tin foil hats, because this is an article based on pure speculation and rumors circulating crypto Twitter. This article attempts to connect the dots to arrive at a probable partnership between the banking giant HSBC and Ripple, and the use of XRP Ledger by the banking giant.

215 +

HSBC Sends Outs Newsletter Educating Customers on Bitcoin, Blockchain and Cryptocurrencies

In a very surprising move, HSBC, the seventh largest banking institution in the world, has decided to start educating its investors about crypto assets. The move was made by the HSBC branch of Malaysia, known as HSBC Bank Malaysia Berhad.

171 +

Detention Memorandum Issued against Bitfinex Linked Crypto Capital

The United States Department of Justice has moved the District Court of Arizona to stay a detention memorandum against Crypto Capital and Reginald Fowler concerning the ongoing case against Bitfinex.

224 +

Indictments Issued for Two Individuals for Running “Shadow Banking” Operation

U. S. Attorney's office for the Southern District of New York has charged two individuals for providing “shadow banking” services to crypto exchanges. According to a statement by Geoffrey S.

268 +

Ex-Whitehat Hacker For Barclays And HSBC To Show Crypto Security Flaws At The SXSW 2019

Former Barclays And HSBC Hacker To Show Crypto Security Flaws At The SXSW 2019 Rob Pope, an “ethical hacker” who worked in HSBC and Barclays and is now working in Dogtown Media, which he co-founded, has announced that he would show off crypto security flaws at the South By South West (SXSW) 2019. The event […]

204 +

Former HSBC & Barclays Hacker to Demo Crypto Security Flaws at SXSW ‘19

A former “ethical hacker” with a number of high-profile institutions plans to host a blockchain security demonstration live at South By South West (SXSW) 2019. According to a press release, Rob Pope, currently of Dogtown Media and formerly a security specialist with HSBC and Barclays, will present on the weaknesses of various encrypted systems associated.

175 +

HSBC Whistleblower Falciani to Launch a Clean and Ethical Crypto Token for Regulators

CoinSpeaker HSBC Whistleblower Falciani to Launch a Clean and Ethical Crypto Token for Regulators The HSBC whistleblower wants to help regulators to fight illicit use of cryptocurrency through his anti-fraud crypto token called Tabu.

136 +

XRP/USD Price Analysis: SWIFT Integration Rumor, White House Talks Fuel Bulls Aiming at Parity

Latest Ripple News Weeks after gracing SWIFT’s Sibos conference, rumor began doing rounds that the new SWIFT software upgrade will see the integration of RippleNet and other Ripple based software solutions.

185 +

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.

391 +

New Banking Partner for Bitfinex: HSBC Replaces Noble Bank

Now, one of the biggest crypto exchanges, Bitfinex. will receive banking services from HBSC, the 7th largest bank in the world. The post New Banking Partner for Bitfinex: HSBC Replaces Noble Bank appeared first on CoinSpeaker.

168 +

Bitfinex Banking with HSBC While Complaints of Withdrawal Delays Reach Fever Pitch

One of the most controversial crypto exchange has apparently secured a bank account with HSBC through an entity called “Global Trading Solutions. ” However, it is unclear whether HSBC is aware.

305 +

Crypto Exchange Bitfinex Taps HSBC For Banking Services

Bitfinex Seeks (And Gets) Banking Services From The World’s 7th Largest Bank Earlier this week, as originally reported by Bloomberg, Puerto Rico’s Noble Bank was found to be on the verge of collapse, with sources claiming that the financial institution was looking to be bought out.

247 +

Conference Season in the Autumn of Hope

After the longest crypto summer ever, and the never ending January, hope shines in this late September sunny London. A London where Mastercard, HMRC, HSBC, PwC, SWIFT, IBM, Coca Cola and... The post Conference Season in the Autumn of Hope appeared first on Trustnodes.

272 +

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.

299 +

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.

183 +

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.

251 +

HSBC Tentatively Discusses Cases For Using Blockchains And Cryptocurrencies

Cryptocurrency is not only dividing politicians across the globe, but is also dividing the financial and banking industries. While many are distancing themselves from investigating and investing in cryptocurrency and the wallets associated with holding coins, several are discussing the potential future possibilities that they could provide.

239 +

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.

296 +

HSBC Global Head of Digital Says the Bank Is ‘Cautiously Looking’ at Crypto Investment

HSBC's Global Head Of Digital said that at this stage the bank does not recognize crypto as a genuine investment asset, but is “cautiously looking”

194 +

HSBC is ‘Cautious’ About Crypto and ‘Not Interested Now’ but Open to Change

HSBC Announces Partnership With Blockchain-Based Trade Platform In Hong Kong Cryptocurrency has been a sore subject for banks and other financial institutions for quite some time. There are many banks that have completely rejected crypto, even banning their customers from using their credit card to make purchases on any platform. However, there are other banks […]

239 +

HSBC Wary of Crypto, Yet Sees Use Cases

HSBC is cautious when it comes to crypto, without entirely rejecting digital currencies, said the bank’s head of digital.

274 +

Hong Kong to Launch Blockchain Trading Platform While 5,500 Points of Sale to Go Out by August, is this a New Crypto Hot Spot?

Hong Kong’s Monetary Authority is to link 21 banks, including HSBC and Standard Chartered, through a blockchain-backed trade finance platform with the aim of upgrading the $9tn global trade finance industry according to.

315 +

HSBC, Deutsche Bank And More Successfully Testing Blockchain Transactions

Reports out today highlight that a group of banks have successfully trialled and tested a blockchain based bank transfer. This news is especially important, as it includes large scale banks such as HSBC and Deutsche Bank and is the first occurrence of a test that has been carried out across borders, and through many banks, over the blockchain.

262 +