One of the world’s leading banks, HSBC aims to be a part of the metaverse by collaborating with the blockchain-powered virtual world, The Sandbox. HSBC will obtain a LAND, an NFT representing real estate in the digital world. It becomes the first global financial company to collaborate with The...
Noel Quinn, who is the CEO of the $ 3 trillion financial group, HSBC, is still skeptical about the prospects for Bitcoin and other cryptocurrencies. In doing so, he supports the plans of central banks to create national tokens (CBDC). The financier published an article on the website of his bank,...
According to HSBC CEO Noel Quinn, his bank is not yet ready to work with cryptocurrencies. Shortly, the financial giant does not plan to launch a service for operations with digital assets or open a specialized division. Bitcoin and other cryptocurrencies are extremely volatile instruments, the...
A former senior executive at banking conglomerate HSBC Jonathan Cheesman joined the FTX crypto derivatives exchange as head of OTC and Institutional Sales. At HSBC, Cheeseman was in charge of banking and hedge funds in the foreign exchange market. In an interview with The Block, the specialist...
British international banking and financial services provider HSBC informed the customers about the change of its policy concerning virtual currencies and relevant products. Therefore, MicroStrategy is viewed as one of them and is banned on the institution's online trading platform — HSBC...
The largest British bank HSBC used the Corda blockchain from the R3 consortium to store documents on securities offerings through a private subscription for $10 billion and does not intend to stop there. It is reported by CoinDesk. Initially, the conglomerate planned to reach a figure of $20...
One of the most influential banks in the world, HSBC, is preparing to move $20 billion worth of assets to a new blockchain-based custody platform. It is an enormous improvement of the former system as the bank is planning to digitize paper-based documents of private placements. Private deployments...
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