HSBC

(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)

HSBC Enters the Sandbox Metaverse; NFTs Coming to Instagram
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...
HSBC Enters the Sandbox Metaverse; NFTs Coming to Instagram

HSBC in Canary Wharf, London (Steve Heap/Shutterstock)
HSBC Enters the Metaverse Through Partnership With The Sandbox
The bank wants to engage with sports, e-sports, and gaming fans on the metaverse.
HSBC in Canary Wharf, London (Steve Heap/Shutterstock)

Wells Fargo (Shutterstock)
Wells Fargo, HSBC to Settle Forex Transactions Using Blockchain
The banking giants will use a blockchain product to settle U.S. dollar, Canadian dollar, pound and euro transactions.
Wells Fargo (Shutterstock)

HSBC UK Blocks Payments to Binance Exchange
HSBC UK Blocks Payments to Binance Exchange
Banking giant HSBC is blocking its U.K. customers from using credit cards to make payments to Binance after the Financial Conduct Authority (FCA)’s announcement in June saying...
HSBC UK Blocks Payments to Binance Exchange

HSBC
HSBC UK Blocks Payments to Binance Exchange
The move follows the FCA's announcement that Binance cannot conduct regulated activities in the country.
HSBC

Dubai
HSBC Goes Live on UAE's 'KYC' Blockchain Platform
Data shared over the platform's blockchain enables institutions to see shared data about new customers.
Dubai

HSBC Singapore
HSBC CEO Says Bank 'Not Into Bitcoin' Due to Concerns Over Volatility: Report
The CEO of one of Europe's largest banks points to bitcoin's volatility as the primary reason for not pursuing a digital asset trading desk.
HSBC Singapore

OK, Boomer: HSBC Bans Customers from Buying MicroStrategy, Coinbase Stocks
OK, Boomer: HSBC Bans Customers from Buying MicroStrategy, Coinbase Stocks
Financial giant HSBC is not hopping on the crypto bandwagon anytime soon. A representative from the company said the bank has a “limited appetite” for products that derive val...
OK, Boomer: HSBC Bans Customers from Buying MicroStrategy, Coinbase Stocks