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Banking Giants Wells Fargo and HSBC To Use New Blockchain Platform To Settle Global Forex Trades

Banking behemoths Wells Fargo and HSBC Bank are teaming up to use a blockchain solution for netting and settlements of matched foreign exchange (forex) transactions. According to Wells Fargo’s co-head of macro division Mark Jones, this will be the first time the bank has utilized blockchain technology in forex settlements. The two banks will be […]

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Fidelity and Ark Lead the Way as Bitcoin ETFs Surge

HSBC Becomes Latest Bank to Suspend Payments to Crypto Exchange Binance in UK

HSBC Becomes Latest Bank to Suspend Payments to Crypto Exchange Binance in UKHSBC has reportedly become the latest British bank to announce that it has suspended payments to cryptocurrency exchange Binance. Citing a consumer warning by the country’s financial regulator, the Financial Conduct Authority (FCA), the bank told its customers: “We’ve made this decision due to concerns about the possible risks to you.” ‘We’re Suspending Payments to […]

Fidelity and Ark Lead the Way as Bitcoin ETFs Surge