HSBC BLOCKCHAIN MOVE -November 09, 2023 at 01:22 am EST

its books, and many more planned in the coming years.

for leading banks to disclose their digital asset holdings.

HSBC says it plans to launch a custody service for the storage of ‘blockchain-based assets’ – excluding cryptocurrency – next year.

However, the conglomerate told CITYA.M. that it is ultimately aiming to list in the US rather than London, determining that the investment climate in North America would bring more value to shareholders than the London

Committee members, who last year agreed how the rules should look, were looking to implement the proposals at the start of 2025 following a public consultation. “Under the proposals, banks would be required to disclose qualitative

The banking leviathan has partnered with Metaco – a Swiss digital company – to create a ‘vault’ for storing tokens on a blockchain that are linked to traditional financial assets.

(c) 2023 City A.M., source Newspaper