HSBC

Stop sign (Walter Knerr/Pixabay)
UK Bank NatWest Limits Daily Crypto Payments to $1,200
Customers will be limited to payments of 1,000 pounds ($1,218) per day and 5,000 pounds ($6,090) over a 30-day period.
Stop sign (Walter Knerr/Pixabay)

Silicon Valley Bank Sign (Provided)
HSBC Subsidiary to Acquire Silicon Valley Bank's UK Unit for 1 British Pound
Depositors will be protected, the U.K. government said, as it seeks to limit wider economic fallout from the bank's collapse.
Silicon Valley Bank Sign (Provided)

CDCROP: Chinese yuan money (Shutterstock)
Wells Fargo, HSBC Add Offshore Yuan to Blockchain Foreign-Exchange System
The banking giants have settled over $200 billion in transactions using the blockchain-based system.
CDCROP: Chinese yuan money (Shutterstock)

CDCROP: Monetary Authority of Singapore MAS Building (Shutterstock)
Singapore Starts Two New Token Pilots With Standard Chartered, HSBC and Others
The two new pilots will focus on using DeFi in trade finance and wealth management.
CDCROP: Monetary Authority of Singapore MAS Building (Shutterstock)

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China’s State-Backed Open-Source Blockchain Enlists Hong Kong's HSBC, Emperor Group
The project is encouraging the use of blockchain technology without the use of cryptocurrencies.
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(Animoca Brands)
The Sandbox Looks to Raise $400M at $4B Valuation: Report
The metaverse platform is in talks with new and existing investors.
(Animoca Brands)

(Christian Mueller/Shutterstock)
HSBC Starts Metaverse Fund for Private Banking Clients in Asia
The Metaverse Discretionary Strategy portfolio aims to capture opportunities arising from the next iteration of the internet, the bank said.
(Christian Mueller/Shutterstock)

(Shutterstock)
Grab’s Technology Head Departs to Lead Metaverse Gaming Firm Ethlas: Report
Many high-level executives of traditional technology firms have left their jobs to dive into the metaverse, with Grab’s head of technology, Wui Ngiap Foo, being the latest.
(Shutterstock)

(PM Images/Getty Images, modified by CoinDesk)
Big Banks Are Entering the Metaverse
Plus a look at recent news from around the crypto industry.
(PM Images/Getty Images, modified by CoinDesk)

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HSBC Enters the Sandbox Metaverse; NFTs Coming to Instagram
Do banks have a place in the metaverse? HSBC is the first global bank to buy a plot of land in the Sandbox metaverse, which it will develop to engage with e-sports and gaming fans.
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