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…
Standard chartered bank partners with Siemens on a blockchain based pilot test seeking to completely digitize bank guarantees
International banking giant Standard Chartered is reportedly partnering with the financial arm of tech manufacturing giant Siemens I a pilot project geared towards putting bank guarantees for trade finance on a blockchain. A report from IBS intelligence revealed that the…