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HSBC Bank allows its customers to trade in cryptocurrency futures through mobile applications

HSBC, the largest bank in Hong Kong, will allow its customers to buy and sell exchange-traded funds (ETFs) for Bitcoin and Ethereum through mobile applications. This makes HSBC the first bank in Hong Kong to offer such services, expanding local users' exposure to cryptocurrencies....

Invesco has submitted a new request for the inclusion of a Bitcoin ETF trading fund, supported by BlackRock

Investment management company Invesco has once again submitted a request for the inclusion of a Bitcoin Exchange-Traded Fund (ETF) on the stock exchange. Invesco previously collaborated with Galaxy Digital to submit the first application for a Bitcoin ETF in 2021. They also filed an...

JPMorgan report reveals that the Hinman documents in the SEC-Ripple case could bolster Ethereum (ETH)

A research report issued by JPMorgan Bank indicated that the release of Hinman's documents last week in the case brought by the U.S. Securities and Exchange Commission (SEC) against Ripple would strengthen Ethereum (ETH) and potentially drive the cryptocurrency market towards more decentralization. The...

Wu Blockchain Report Includes a List of 501 Cryptocurrencies Allowed for Trading in Indonesia

According to the Wu Blockchain report, the Indonesian government has issued a list of 501 cryptocurrencies that can be traded in the country. The list includes cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Solana (SOL), Cardano (ADA), Ripple (XRP), Polkadot (DOT), The...

Hong Kong urges major banks to accept cryptocurrency platforms as clients.

The Central Bank of Hong Kong (HKMA) has requested major banks, including the Hong Kong and Shanghai Banking Corporation (HSBC) and Bank of China, to explain why they are not accepting cryptocurrency platforms as clients. This request is believed to come in the midst...

Increased ownership of cryptocurrencies in Turkey, Argentina and the Philippines: the impact of inflation

Turkey recorded the highest growth rate in cryptocurrency ownership, with a 27.1% increase from July/September 2021 to July/September 2022, according to GWI research. Argentina and the Philippines followed Turkey in the second and third positions, with cryptocurrency ownership increasing by 23.5% and 23.4% respectively,...