The latest price moves in bitcoin (BTC) and crypto markets in context for March 27, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
HSBC’s Gold Token Goes Live for Retail Investors in Hong Kong
The bank is claiming bragging rights for being the first bank to create a blockchain-based real world asset aimed at retail investors.
Ripple Excites XRP Army as Metaco Acquisition Brings Banks Closer
Earlier this month, Ripple-owned infrastructure provider Metaco said it was working with banking powerhouse HSBC.
UBS Group’s Wealthy Clients Can Now Trade Some Crypto ETFs in Hong Kong: Bloomberg
The news comes a day after HSBC, one of the world’s largest banks, said it plans to start a digital-assets custody service for institutional clients.
Chainlink (LINK) pumps 26% in 6 days — Is there room for more?
LINK token continues to strengthen as professional traders and enterprise solution clients enter Chainlink’s ecosystem.
HSBC taps Ripple’s Metaco to launch security token custody
HSBC has partnered with Ripple-owned tech firm, Metaco, to allow institutional investors hold tokenized securities on its new custody platform.
HSBC to Offer Tokenized Securities Custody Service for Institutions
The platform, planned for 2024, complements its new offering for tokenized gold as well as one for issuing digital assets.
HSBC and Ant Group test tokenized deposits under HKMA sandbox
During the test, HSBC was connected to the blockchain platform developed by Ant Group and supported by Ant Group’s banking partners.
Banking Powerhouse HSBC Working With Crypto Custody Firm Fireblocks: Sources
Fireblocks, which specializes in cryptocurrency safekeeping technologies such as multi-party computation (MPC), already works with BNY Mellon and BNP Paribas.
Big Banks, NY Fed’s Innovation Group See Merit in Digital Ledgers for Global Payments
Citigroup Inc., HSBC, BNY Mellon and other global financial giants have been experimenting with what they call a “regulated liability network” for conducting round-the-clock, wholesale payments using shared ledgers, and a paper released Thursday suggests the system has potential.
HSBC trialing quantum-safe financial transaction network in the UK
The venerable British bank became the first to join BT (formerly British Telecom) and Toshiba’s secure quantum “metro” network in the United Kingdom.
Hong Kong’s HSBC Allows Customers to Trade Bitcoin, Ether ETFs but That’s Not Really News
HSBC’s customers in Hong Kong have in fact been able to trade such crypto investment products since they were listed on the Hong Kong Stock Exchange in December.
Singapore’s MAS Proposes Design Framework for Interoperable Digital Asset Networks
Banking giants like Standard Chartered, HSBC and Citi are set to run multiple tokenization trials across financial asset classes.
HSBC rolls out cryptocurrency services in Hong Kong: Report
Three crypto ETFs listed on the Hong Kong Exchange are now reportedly available for trading at Hong Kong’s largest bank.
Banking is ‘slowly dying’ — Former TradFi execs on reasons for joining crypto
Cointelegraph spoke to former senior executives in traditional finance who’ve made the move to crypto. Would they ever go back?
SEC beyond crypto: HSBC and Scotia hit with fines over WhatsApp use
Both HSBC and Scotiabank have not been supportive of cryptocurrency adoption in recent years.
HSBC Subsidiary to Acquire Silicon Valley Bank’s U.K. Unit for 1 Pound
The bank said the deal is a move to strengthen it’s regional presence.
Breaking: Silicon Valley Bank UK arm acquired by HSBC for one pound
Banking giant HSBC announced that its U.K. arm is acquiring Silicon Valley Bank UK Limited (SVB UK) for one pound ($1.21).
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.
HSBC needs someone to helm its tokenization efforts
HSBC is looking for a candidate who knows of digital assets, especially asset tokenization and custody, according to a job posting.