HSBC News

The venerable British bank became the first to join BT (formerly British Telecom) and Toshiba’s secure quantum “metro” network in the United Kingdom.

Weak derivatives metrics, and declining TVL and DApps use, put Ethereum bears in a better position to keep ETH price below $2,000.

Three crypto ETFs listed on the Stock Exchange of Hong Kong are now reportedly available for trading at Hong Kong’s largest bank.

The rock band Queen and big bank HSBC eye up the metaverse while Yuga Labs launched the next iteration of its NFT gaming saga.

Both HSBC and Scotiabank have not been supportive of cryptocurrency adoption in recent years.

Insider sources reportedly described the bonus pool as “modest,” adding that the stock held by senior execs had been “rendered worthless” following Silicon Valley Bank UK arm’s “near-collapse.”

Banking giant HSBC announced that it is acquiring Silicon Valley Bank UK for one pound ($1.21).

An emergency plan to rescue startups and tech companies affected by the Silicon Valley Bank collapse is underway in the United Kingdom.

The banks join a growing list of financial institutions in the country tightening restrictions on digital assets.

According to a job posting, HSBC is looking for a candidate who knows of digital assets, especially asset tokenization and custody.

Once known as a skeptical institution of crypto, HSBC originally announced its first major move into metaverse in mid-March.

Partnership hopes to promote financial literacy via gamified experiences within the metaverse.

The two firms successfully executed cross-realm and end-to-end digital asset transactions with the pilot test, which can also settle securities and forex.

Juniper research report says cost savings for banks using blockchain tech could grow by 3,300% by 2030.

Banking giant HSBC echoes global stablecoin concerns, calling for regulation to be equivalent to its adoption level.