The Internet is amazing, but it wasn’t really designed for our digital identity needs. Thankfully, Web3 has been offering a different way of handling passwords and personal data, giving us more control. Now, one of the world’s biggest banks is…
Search Results For: hsbc
HSBC and Standard Chartered Encouraged to Embrace Crypto Clients in Hong Kong
In a significant development in the crypto industry, Hong Kong’s banking regulator is encouraging major banks, including HSBC and Standard Chartered, to accept crypto exchanges as clients. This move comes at a time when the crypto industry is facing a…
PM Sunak’s Crypto Hub Plan Faces Hurdles as HSBC and NatWest Restrict Transfers
UK’s ambition to become a crypto hub challenged by major banks’ transfer restrictions The UK Chancellor, Rishi Sunak, has been pushing for the country to become a hub for cryptocurrency and fintech innovation. However, recent transfer restrictions imposed by major…
CoinDesk Reports – Santander, HSBC, Deutsche Bank and Other Major Banks Still Open to Serving Crypto Clients Despite Recent Banking Failures
The recent collapse of Silicon Valley Bank, Signature Bank, and Silvergate has left many crypto firms and tech startups stranded and in search of new banking partners. Digital Currency Group (DCG), a major crypto conglomerate and parent company of CoinDesk,…
HSBC Bangladesh Completes Landmark Blockchain-based Oil Transaction
HSBC Bangladesh has just conducted the country’s first Blockchain-based letter of credit transaction (LC) on the Contour DLT platform. The Bangladeshi branch of the global firm used the transaction to settle the importation of 20,000 tons of fuel oil from…
Positive Signals for Mt. Gox Creditors: Updates on Repayment Data and Compensation
In a significant development for users of the hacked cryptocurrency exchange Mt. Gox, there have been positive signals regarding the long-awaited compensation for their lost funds. The Mt. Gox trustee recently updated crucial repayment data, providing hope to the numerous…
Tokenization of Diamonds A New Investment Avenue on the Avalanche Blockchain
The concept of tokenizing real-world assets has gained traction in the world of cryptocurrencies and blockchain technology. This trend has attracted the attention of major financial institutions, resulting in the integration of traditional assets into the blockchain landscape. Diamonds have…
Blackrock’s Larry Fink’s Prediction: Tokenization Set to Surpass Bitcoin by 100x
In the midst of the exhilarating Bitcoin bull run, it is crucial not to overlook a more profound narrative that is quietly gathering momentum. As we transcend the immediate highs and lows of the cryptocurrency markets, we bear witness to…
Aptos, Founded by Former Meta Staff, Explores DeFi Opportunities in Hong Kong
Cryptocurrency trading has witnessed a significant surge in Hong Kong since the legalization of this digital asset class in June last year. This move has attracted blockchain projects from the West, with Aptos being one of the notable players. Aptos,…
Ripple CEO Brad Garlinghouse on Crypto Clarity, Regulatory Landscape, and Market Optimism in 2024
In a recent interview, Ripple CEO Brad Garlinghouse shared his insights on the crypto regulatory landscape in 2024. So, addressing concerns about the SEC’s stance post-Bitcoin ETF approval. Garlinghouse expressed skepticism, stating, “Gary Gensler is doing the same thing over…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
