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Bank of China
Hong Kong Pressures 3 Major Banks to Take On Crypto Exchanges as Clients: Report
The Hong Kong Monetary Authority (HKMA) is putting pressure on HSBC, Standard Chartered and Bank of China to take on crypto exchanges as clients, according to a report from the Financial Times. "The Hash" panel weighs in on the state of crypto in the city.
Hong Kong Put Pressure on 3 Major Banks to Take On Crypto Exchanges as Clients: Report
The Hong Kong Monetary Authority put pressure on HSBC, Standard Chartered and Bank of China, according to the Financial Times.
Bank of China’s BOCI Issues Tokenized Securities on Ethereum in Hong Kong
It’s the first-such transaction by a Chinese financial institution in Hong Kong, according to the company.
Foreign Exchange Transactions Take Center Stage in New BIS CBDC Report
The Bank for International Settlements tested its mBridge project for foreign exchange transactions.
Bank of China Reportedly Reveals Machine That Converts Foreign Currency to Digital Yuan
The Bank of China has revealed a machine that converts foreign currencies into digital yuan. The machine is likely to be rolled out for the 2022 Beijing Winter Olympics when the central bank digital currency (CBDC) is set to be introduced globally. It requires a passport but not a bank account.
Bank of China Issues $2.8B in Bonds for Small Businesses Using Blockchain Tech
Bank of China has issued 20 billion yuan, or about $2.8 billion, in blockchain-based bonds to small businesses.
Bank of China Moves to Patent Blockchain Scaling Solution
Bank of China has filed a patent application for a process it says is better able to scale blockchain systems.
Bank of China, Tencent to Trial Blockchain in New Research Effort
The Bank of China is partnering with Tencent, one of the country's biggest internet companies, to trial blockchain tech in financial applications.
Major Hong Kong Lenders Plot Blockchain Mortgage System Launch
A group of banks in Hong Kong are reportedly developing a system that uses blockchain tech to share information about mortgage valuations.
