HSBC Shows Interest in Crypto

HSBC Shows Interest in Crypto

HSBC is observing the potential of cryptocurrency market. The bank has planned to join Standard Chartered and the other 21 banks for a blockchain-powered trade finance platform. The Global Head of Digital at HSBC, Josh Bottomley stated in an interview said, “We are cautious looking into this area.” The bank is already familiar with blockchain since it has experimented during May.

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