Latest HSBC News
Travelex has become the latest victim of ransomware Sodinokibi. The Travelex Currency Exchange Hackers have demanded $ 3 million in bitcoin.
HSBC is looking forward to tracking $20 billion worth of digital assets on a Blockchain-based platform by March next year.
HSBC aims to transfer $ 20 billion of assets to a new blockchain technology by March. It is still unproven technology by a global bank.
The United States CFTC received almost 40% more regulatory penalties and payments in fiscal 2019. But the total enforcement actions decreased.
Hong Kong stock market saw a massive drop on Wednesday, weighed down by losses for Chinese companies. How Hong Kong Protest Impact Financial Markets?
Cryptocurrency trading platform Bitfinex – the 4th largest crypto exchange globally in terms of trading volume - has shifted its banking business to the Hong Kong-based Bank of Communications.