2020-5-7 19:45 |
The Libra Association named HSBC Chief Legal Officer and former U.S. Under Secretary of the Treasury Stuart Levey as its new CEO. Levey will take the reins later this year. origin »
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This move comes shortly after Libra initiated a payment system license to commence operations in Switzerland under the oversight of the country’s financial watchdog, FINMA. Speculations arose about a possible launch of the Libra stablecoin by the end of 2020, should the association sort the underlying legal hurdles.
2020-5-7 15:31 | |
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Coinspeaker Facebook’s Libra Appoints HSBC Legal Chief Stuart Levey as CEOStuart Levey will step down as Chief Legal Officer for HSBC Holdings this summer. Then, he will join the Libra Association as its CEO.
2020-5-7 14:17 | |
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Facebook-led Libra Association announced on Wednesday the appointment of Stuart Levey as its CEO. Levey served as Obama’s Under Secretary for Terrorism and Financial Intelligence and will now be joining the Libra Association as its very first Chief Executive Officer.
2020-5-7 07:21 | |
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Hang Seng Investment Management has launched a physically backed gold exchange-traded fund that gives investors direct exposure to bullion while also laying the groundwork for future blockchain-based access.
Hong Kong will issue its third series of blockchain-based green bonds via HSBC’s digital infrastructure. Hong Kong is preparing to issue a new series of government-backed digital green bonds, utilizing HSBC’s blockchain infrastructure, as originally reported by Bloomberg. The latest…
Circle, the company behind the stablecoin USDC, has unveiled the public testnet for its Arc blockchain. The move comes a couple of months after the USDC issuer introduced Arc, a layer-1 blockchain network for real-world economic activity onchain.
The Hong Kong branch of the international HSBC bank is set to continue to work with the authorities on initiatives such as digital currencies for cross-border payments. HSBC Hong Kong is accelerating its work with local authorities on the implementation…
The news comes a day after HSBC, one of the world's largest banks, said it plans to start a digital-assets custody service for institutional clients.
HSBC Holdings Plc, one of the world’s leading bullion banks, has launched a blockchain-based platform to modernize the traditional and manual processes of the London gold market. The new platform tokenizes ownership of physical gold housed in HSBC’s London vault, offering a digital representation of gold bars for trading.
HSBC will offer access to three ETFs listed on the Hong Kong Stock Exchange, including CSOP Bitcoin Futures ETF and CSOP Ethereum Futures ETF. The banking behemoth also launched a new service dubbed Virtual Asset Investor Education Center that offers educational and risk disclosure materials for customers.