Friday, April 26, 2024
Home > News (Page 1608)

HSBC rolls out cryptocurrency services in Hong Kong: Report

Hong Kong and Shanghai Banking Corporation (HSBC), the biggest bank in Hong Kong, has reportedly introduced its first local cryptocurrency services.HSBC Hong Kong has enabled its customers to buy and sell Bitcoin (BTC) and Ethereum (ETH)-based exchange-traded funds (ETFs), local journalist Colin Wu reported on Twitter on June 26.According to

Read More

Crypto Exchange Bybit Gains License in Cyprus

“This landmark is a testament to Bybit's commitment to adhering to robust regulatory frameworks while expanding our global presence,” Ben Zhou, Bybit’s co-founder and chief executive officer, said in a statement. “We wholeheartedly support the regulatory objective of building a cryptocurrency industry that is both compliant, secure, and transparent.” Source

Read More

Crypto adoption in Cyprus beefed up by ByBit license approval

Crypto exchange Bybit has announced a license approval to operate as an exchange and custody service in Cyprus. The world’s third most visited crypto exchange will begin offering to trade between crypto and fiat currency pairs and crypto-related financial services.Cyprus is the third most populous island in the Mediterranean Sea

Read More

U.S. Has Room for a Spot Crypto ETF to Grow Market Share as a BTC On-Ramp: Bernstein

The largest bitcoin (BTC) asset management product is Grayscale, which runs a $19 billion BTC trust (GBTC), but its dominant position may be under threat following news that investment giant Blackrock (BLK) has filed for a spot bitcoin exchange-traded-fund (ETF) in the U.S., Bernstein said in a research report Monday. Source

Read More