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HKMA Warns Investors of Fraudulent HSBC and Anchorpoint Stablecoins
HKMA, HSBC, and Anchorpoint Financial have warned users about fake stablecoins circulating under the tickers “HKDAP” and “HSBC.” The regulators clarified that no official tokens have been launched yet and urged users to rely only on authorised channels.
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HSBC, Standard Chartered-Led Group Bags First Stablecoin Issuer Licenses in Hong Kong
Hong Kong has granted its first stablecoin issuer licences to HSBC and a Standard Chartered-led venture, marking a key milestone under its new regulatory framework. The move reflects a cautious approach, favouring institution-backed players while setting strict rules for reserves, governance, and compliance in the evolving digital asset market.
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HSBC, Standard Chartered Said to Be First Recipients of Stablecoin Licences in Hong Kong
HSBC and Standard Chartered could become among the first banks to receive stablecoin issuer licences in Hong Kong under the city’s new regulatory framework. Reports suggest regulators may grant initial approvals soon as authorities move forward with plans to expand the city’s regulated digital asset ecosystem.
-
India's Factory Growth Hits 14-Month High On Exports Surge: Report
India's manufacturing activity accelerated to a 14-month high in June, driven by a substantial rise in international sales that boosted output and sparked record-breaking hiring, a business survey showed on Tuesday.
-
HSBC Launches Blockchain-Based Tokenised Deposit Service in Hong Kong
HSBC has launched a new tokenised deposit service for Hong Kong-based corporate clients. Singapore-based fintech firm Ant International was the first corporate to use this service that supports real time payments between HSBC Hong Kong wallets throughout the day.
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India's Electric Vehicle Penetration Banking On Hybrid Cars: HSBC
Strong Hybrid Electric Vehicles (SHEVs) and Battery Electric Vehicles (BEVs) are not cannibalising each other but, rather, are attracting different sets of customers.
-
Who Is Indian-Origin Pam Kaur, HSBC's 1st Female CFO In 160-Year History
HSBC Bank has named Indian-origin Pam Kaur as its new Chief Financial Officer (CFO), the first woman to hold this position in its 160-year history. She is replacing Georges Elhedery, who took over as CEO earlier this year.
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HSBC Names Indian-Origin Banker Pam Kaur As Its First Woman CFO
HSBC Holdings Plc, which was founded by a Scotsman more than 150-years ago, named Pam Kaur the first female chief financial officer in its history.
-
"One Slap, You Will Reach...": Woman Shares Toxic Workplace Experience, Sparks Conversation
Ms Kumari mentioned that she has dealt with several episodes of panic attacks and mental health issues.
-
Man Posing As HR Head Of Multi-National Company Dupes HSBC Bank Of Rs 2 Crore
An alleged fraudster, claiming to be the Human Resources head of a multi-national company, duped HSBC Bank of more than Rs 2 crore, police said.
-
Why This Leading Bank Has Blocked Staff From Texting On Their Work Phones
HSBC Holdings Plc is blocking staff from texting on their work phones, in the latest fallout from regulatory probes into the industry's use of unauthorized communication methods.
-
HSBC, Standard Chartered Face Pressure From Hong Kong to Take on Crypto Clients: Report
The Hong Kong Monetary Authority (HKMA) is reportedly urging lenders including HSBC and Standard Chartered to onboard cryptocurrency exchanges as clients. This move comes at a time when countries such as the US are doubling down on crypto exchanges.
-
Rs 99: What HSBC Bank Paid To Buy Silicon Valley Bank's UK Arm
The UK arm of collapsed US lender SVB has been sold to HSBC in a private sale overseen by Britain and the Bank of England, the government said Monday.
-
Mastercard, HSBC Roll Out Digital Dollar Blockchain Project Amid Crypto Crash; Reinstates Support
HSBC, Mastercard and Wells Fargo, along with other banks, have launched a digital dollar blockchain project named the ‘Regulated Liability Network (RLN)’. The launch of RLN is essentially a trial that will run for twelve weeks and singularly operate in co-relation with the US dollar. This result of this trial is expected to become an important ...
-
Singapore Partners HSBC, Standard Chartered to Explore Token Use in Trade, Wealth Management
The Monetary Authority of Singapore (MAS) has partnered with multinational banks Standard Chartered and HSBC to dive deeper into the use-cases of tokens in trade finance and wealth management. The move is aimed at transforming trade assets into transferable instruments.
-
HKMA Warns Investors of Fraudulent HSBC and Anchorpoint Stablecoins
HKMA, HSBC, and Anchorpoint Financial have warned users about fake stablecoins circulating under the tickers “HKDAP” and “HSBC.” The regulators clarified that no official tokens have been launched yet and urged users to rely only on authorised channels.
-
HSBC, Standard Chartered-Led Group Bags First Stablecoin Issuer Licenses in Hong Kong
Hong Kong has granted its first stablecoin issuer licences to HSBC and a Standard Chartered-led venture, marking a key milestone under its new regulatory framework. The move reflects a cautious approach, favouring institution-backed players while setting strict rules for reserves, governance, and compliance in the evolving digital asset market.
-
HSBC, Standard Chartered Said to Be First Recipients of Stablecoin Licences in Hong Kong
HSBC and Standard Chartered could become among the first banks to receive stablecoin issuer licences in Hong Kong under the city’s new regulatory framework. Reports suggest regulators may grant initial approvals soon as authorities move forward with plans to expand the city’s regulated digital asset ecosystem.
-
India's Factory Growth Hits 14-Month High On Exports Surge: Report
India's manufacturing activity accelerated to a 14-month high in June, driven by a substantial rise in international sales that boosted output and sparked record-breaking hiring, a business survey showed on Tuesday.
-
HSBC Launches Blockchain-Based Tokenised Deposit Service in Hong Kong
HSBC has launched a new tokenised deposit service for Hong Kong-based corporate clients. Singapore-based fintech firm Ant International was the first corporate to use this service that supports real time payments between HSBC Hong Kong wallets throughout the day.
-
India's Electric Vehicle Penetration Banking On Hybrid Cars: HSBC
Strong Hybrid Electric Vehicles (SHEVs) and Battery Electric Vehicles (BEVs) are not cannibalising each other but, rather, are attracting different sets of customers.
-
Who Is Indian-Origin Pam Kaur, HSBC's 1st Female CFO In 160-Year History
HSBC Bank has named Indian-origin Pam Kaur as its new Chief Financial Officer (CFO), the first woman to hold this position in its 160-year history. She is replacing Georges Elhedery, who took over as CEO earlier this year.
-
HSBC Names Indian-Origin Banker Pam Kaur As Its First Woman CFO
HSBC Holdings Plc, which was founded by a Scotsman more than 150-years ago, named Pam Kaur the first female chief financial officer in its history.
-
"One Slap, You Will Reach...": Woman Shares Toxic Workplace Experience, Sparks Conversation
Ms Kumari mentioned that she has dealt with several episodes of panic attacks and mental health issues.
-
Man Posing As HR Head Of Multi-National Company Dupes HSBC Bank Of Rs 2 Crore
An alleged fraudster, claiming to be the Human Resources head of a multi-national company, duped HSBC Bank of more than Rs 2 crore, police said.
-
Why This Leading Bank Has Blocked Staff From Texting On Their Work Phones
HSBC Holdings Plc is blocking staff from texting on their work phones, in the latest fallout from regulatory probes into the industry's use of unauthorized communication methods.
-
HSBC, Standard Chartered Face Pressure From Hong Kong to Take on Crypto Clients: Report
The Hong Kong Monetary Authority (HKMA) is reportedly urging lenders including HSBC and Standard Chartered to onboard cryptocurrency exchanges as clients. This move comes at a time when countries such as the US are doubling down on crypto exchanges.
-
Rs 99: What HSBC Bank Paid To Buy Silicon Valley Bank's UK Arm
The UK arm of collapsed US lender SVB has been sold to HSBC in a private sale overseen by Britain and the Bank of England, the government said Monday.
-
Mastercard, HSBC Roll Out Digital Dollar Blockchain Project Amid Crypto Crash; Reinstates Support
HSBC, Mastercard and Wells Fargo, along with other banks, have launched a digital dollar blockchain project named the ‘Regulated Liability Network (RLN)’. The launch of RLN is essentially a trial that will run for twelve weeks and singularly operate in co-relation with the US dollar. This result of this trial is expected to become an important ...
-
Singapore Partners HSBC, Standard Chartered to Explore Token Use in Trade, Wealth Management
The Monetary Authority of Singapore (MAS) has partnered with multinational banks Standard Chartered and HSBC to dive deeper into the use-cases of tokens in trade finance and wealth management. The move is aimed at transforming trade assets into transferable instruments.
