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HSBC to Expand Tokenised Deposit Services to the US and UAE

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HSBC is reportedly preparing to expand its tokenised deposits services. The global bank already offers the service in Hong Kong, Singapore, the UK and Luxembourg, and now plans to extend it to corporate clients in the US and the UAE beginning next year, Bloomberg reported. HSBC’s Tokenised Deposit Service enables clients to send money locally […]

The post HSBC to Expand Tokenised Deposit Services to the US and UAE appeared first on Fintechnews Middle East.

Abu Dhabi Securities Exchange, HSBC, FAB Begin Pricing for MENA’s First Blockchain Bond

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The Abu Dhabi Securities Exchange (ADX) has initiated the pricing stage for what will be the region’s first bond issued using distributed ledger technology (DLT). The bond, issued by First Abu Dhabi Bank (FAB) via HSBC Orion, a digital assets platform operated by Hong Kong’s Central Moneymarkets Unit (CMU), marks a notable development in ADX’s […]

The post Abu Dhabi Securities Exchange, HSBC, FAB Begin Pricing for MENA’s First Blockchain Bond appeared first on Fintechnews Middle East.

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