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    HomeNewsWorldHSBC, Standard Chartered face pressure from Hong Kong to take on crypto clients

    HSBC, Standard Chartered face pressure from Hong Kong to take on crypto clients

    The UK-based lenders and the Bank of China were questioned by the Hong Kong Monetary Authority last month on why they are not accepting crypto exchanges as clients, according to the report.

    Reuters
    June 15, 2023 / 06:21 IST
    HSBC, Standard Chartered face pressure from Hong Kong to take on crypto clients - FT

    HSBC, Standard Chartered face pressure from Hong Kong to take on crypto clients - FT

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    HSBC and Standard Chartered are among lenders facing pressure from Hong Kong's banking regulator to take on crypto exchanges as clients, Financial Times reported on Thursday, citing three people with knowledge of the matter.

    The UK-based lenders and the Bank of China were questioned by the Hong Kong Monetary Authority last month on why they are not accepting crypto exchanges as clients, according to the report.

    Reuters
    first published: Jun 15, 2023 06:21 am

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