According to a statement dated September 22, HSBC Holdings has launched a tokenized deposit service to support its corporate customers in making secure cross-border transfers. HSBC said the first customer to use the service was Ant International. (Jin Ten)
HSBC Holdings has launched a tokenised deposit service to support secure cross-border transfers for its corporate clients. The UK bank used blockchain technology to complete the first cross-border US dollar transaction between Hong Kong and Singapore this month. HSBC said the cross-border deal builds on its existing onshore payments product, which launched in Hong Kong and Singapore earlier this year before expanding to the UK and Luxembourg to support other currencies including the pound and th...
New York Stock Exchange-listed company Know Labs, Inc. announced that it will change its name to "USBC, Inc." The new stock code will be updated to "USBC" and will take effect from the opening of the market on August 15, 2025. It is reported that the company also announced the implementation of a bitcoin funding strategy and will launch a USBC deposit token based on blockchain technology, embedded with digital identity and denominated in US dollars.
纽约证券交易所上市公司Know Labs, Inc.宣布更名为“USBC, Inc.”新的股票代码更新为“USBC”并且自2025年8月15日开市起生效,据悉该公司还宣布实施比特币资金战略,并且将推出一种基于区块链技术运作、嵌入数字身份并以美元计价的USBC存款代币(deposit token)。
HSBC said it still expects the Federal Reserve to cut interest rates by 75 basis points in 2025.
HSBC forecasts that the S & P 500 index will target 6,700 points by the end of 2025.
HSBC said it expected the S & P 500 to target 6,700 by the end of 2025.
On November 29th, it was reported that HSBC will withdraw from its credit card business in China. The bank has stopped issuing new cards and is trying to scale back the services it provides to most customers in China. According to people familiar with the matter, HSBC has previously tried unsuccessfully to sell the business and now plans to end the business and may continue to provide credit card services to a small number of high-end customers. In a statement to the media, an HSBC spokesperson ...
TradFi giant HSBC is participating in Hong Kong's e-HKD pilot by creating tokenized HKD cash deposits on Polygon PoS. They are also developing HSBC Pass, a decentralized identity solution that won the Red Dot Award for 2024.