Tag: HSBC
Industry and Adoption
US Banks Moved $312B for Chinese Money Launderers In The Last 5 Years, But Critics Still Blame Crypto
US banks laundered $312 billion for Chinese money networks from 2020, while regulators continue to unfairly target crypto. The period between 2020 and last year...
Altcoin News
Libra Adds Another Banking Expert to Its List of Executives
Facebook-backed Libra has issued another “major” announcement. It is bringing former HSBC executive Ian Jenkins on board to serve as the new chief financial...
Blockchain Infrastructure
HSBC Facilitates India’s First Blockchain Trade Finance Transaction
HSBC recently facilitated India’s first blockchain trade finance transaction. This development reinforces the narrative that despite the negative stance towards cryptocurrency in India, there...
Blockchain Technology
HSBC and Other Banks Launch Blockchain-Powered Trade Finance Platform in Hong Kong
One of the largest banks in the world, HSBC along with Standard Chartered and other banks has developed a blockchain-based trade finance platform.Trade Finance...
Blockchain Infrastructure
Blockchain-Based Trade Finance Platform to Launch in Hong Kong
The Hong Kong Monetary Authority is poised to become one of the earliest government-backed financial institutions to launch a blockchain-based trade finance platform.Blockchain Becoming...
Blockchain Technology
IBM is Working on 400 Blockchain Projects with 63 Clients
IBM has said that it is working with 63 blockchain clients on 400 projects related to the technology as companies continually embrace the emerging...
Blockchain Technology
HSBC and Bank of America Demonstrate First Successful Implementation of Blockchain in Trade Finance
Two of the largest international banks HSBC and Bank of America Merrill Lynch in collaboration with the Infocomm Development Authority of Singapore, have successfully...
Bitcoin News
Blockchain Tech for Banking — 13 More Banks Join the Coalition
The international banking sector has been exploring the possibility of using blockchain technology for fund transfer and other operations. Many banks are already invested...
