HSBC

Hong Kong pushes HSBC and Standard Chartered to embrace crypto clients

0xMain
June 15, 2023

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The Hong Kong Monetary Authority urges prominent banks to engage with crypto exchanges to stimulate the digital assets industry. The Hong Kong Monetary Authority (HKMA) is urging key banks, including HSBC and Standard Chartered, to onboard cryptocurrency exchanges as clients to establish the...

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HSBC restricts crypto purchases on FCA advice

0xMain
February 28, 2023

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HSBC does not allow crypto purchases using their cards starting Feb. 23 due to possible customer risk. The financial giant claims that the Financial Conduct Authority (FCA) has warned against investing in crypto assets, considering them high-risk and speculative investments. However, HSBC and...