Zodia, the crypto custody platform co-owned by Standard Chartered, is responding to increasing institutional demand in Hong Kong. CEO Julian Sawyer noted that institutional investors are the key drivers of crypto demand in the region.
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....
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...
The Bank of China International (BOCI) made an innovative and significant move in the financial business world in Hong Kong by issuing tokenized securities worth $28 million on the Ethereum blockchain. This is the first of its kind issuance in Asia and the Pacific...
