UK banks HSBC, Nationwide to ban crypto purchases with credit cards: Report
The banks join a growing list of financial institutions in the country tightening restrictions on digital assets.
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HSBC needs someone to helm its tokenization efforts
According to a job posting, HSBC is looking for a candidate who knows of digital assets, especially asset tokenization and custody.
New York Fed and 9 Major Banks to Test ‘Interoperable Network of Central Bank Wholesale Digital Money’
Nine major financial institutions and the Federal Reserve Bank of New York have started to experiment with a digital dollar proof of concept to see if distributed ledger technology can…
JPMorgan, DBS Bank, SBI Complete Live Defi Trades on Public Blockchain
JPMorgan, DBS Bank, and SBI Digital Asset Holdings have completed their first lives trades on a public blockchain using decentralized finance (defi), tokenized deposits, and verifiable credentials under the supervision…
Report: Withdrawal Limits for Egyptian Travelers Lowered as Banks Seek to Conserve Scarce Forex
According to a report, some Egyptian banks recently informed clients who plan to travel abroad that they can now only withdraw $2,000 or less. The banks have also lowered the…
US Treasury yields are soaring, but what does it mean for markets and crypto?
The 10-year U.S. Treasury yield recently hit its highest level in 12 years, but how might this impact investors’ sentiment toward stocks and cryptocurrencies?
HSBC’s CEO Explains Why Crypto Is Not in the Banking Giant’s Future
Banking giant HSBC will not be offering crypto services, according to CEO Noel Quinn. Noting that HSBC is more negative on crypto than other banks, the executive stressed: “I do…
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.
HSBC enters The Sandbox to offer educational finance games
Partnership hopes to promote financial literacy via gamified experiences within the metaverse.