Stablecoin Licences Approved for HSBC Consortium
Hong Kong grants first stablecoin licenses to @HSBC and a Standard Chartered-led group, advancing digital asset plans. New rules require $3M capital and 1-day redemption. #Update #Crypto
Hong Kong grants first stablecoin licenses to @HSBC and a Standard Chartered-led group, advancing digital asset plans. New rules require $3M capital and 1-day redemption. #Update #Crypto
HSBC’s chief strategist Max Kettner suggests the S&P 500 may have hit its near-term low at 6,343, citing bullish consumer sentiment and positioning indicators. #Update #Crypto $BTC (+5) ↗
@HSBC and @IBM have advanced bond trading with quantum computing, enhancing bid fulfillment forecast accuracy by 34%. BlackRock warns of potential risks to cryptocurrency security. #Update #Crypto $BTC
@HSBC and Ant International launch Hong Kong’s first blockchain settlement system, enhancing payment efficiency with tokenized deposits; expansion planned for Asia and Europe by 2025. #Update #Crypto (+6) ↗