Standard Chartered Report
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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.
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Huawei’s HarmonyOS Next Reportedly Gains Support for China’s Digital Yuan
Huawei’s HarmonyOS Next now reportedly offers support for China’s e-CNY CBDC. The aim here is to drive widespread adoption of the digital currency. As one of China’s leading smartphone brands, Huawei reportedly serves nearly a billion users, potentially enabling broad access to the e-CNY and accelerating its reach to the masses.
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US SEC to Approve Ethereum ETF in May, Standard Chartered Predicts
The US Securities and Exchange Commission is likely to allow exchange-traded funds to hold the cryptocurrency Ethereum in May, Standard Chartered predicts. May 23 is the last date by which the agency must consider ETF applications from VanEck and Ark 21Shares, the bank said in a research report Tuesday.
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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.
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Indian Man In Singapore Faces Jail, Caning For Extortion From Bank
A 35-year-old Indian man, who tried to extort half-a-million Singapore dollars from Standard Chartered Bank in Singapore, was charged in court. Nagarajan Balajee faces a jail term of between two and five years and caning under a charge of "attempting to commit extortion," Singapore-based newspaper The Straits Times reported today.
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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.
-
Huawei’s HarmonyOS Next Reportedly Gains Support for China’s Digital Yuan
Huawei’s HarmonyOS Next now reportedly offers support for China’s e-CNY CBDC. The aim here is to drive widespread adoption of the digital currency. As one of China’s leading smartphone brands, Huawei reportedly serves nearly a billion users, potentially enabling broad access to the e-CNY and accelerating its reach to the masses.
-
US SEC to Approve Ethereum ETF in May, Standard Chartered Predicts
The US Securities and Exchange Commission is likely to allow exchange-traded funds to hold the cryptocurrency Ethereum in May, Standard Chartered predicts. May 23 is the last date by which the agency must consider ETF applications from VanEck and Ark 21Shares, the bank said in a research report Tuesday.
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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.
-
Indian Man In Singapore Faces Jail, Caning For Extortion From Bank
A 35-year-old Indian man, who tried to extort half-a-million Singapore dollars from Standard Chartered Bank in Singapore, was charged in court. Nagarajan Balajee faces a jail term of between two and five years and caning under a charge of "attempting to commit extortion," Singapore-based newspaper The Straits Times reported today.
