{"id":19526,"date":"2023-06-26T11:55:55","date_gmt":"2023-06-26T11:55:55","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/hsbc-rolls-out-cryptocurrency-services-in-hong-kong-report\/"},"modified":"2023-06-26T11:55:57","modified_gmt":"2023-06-26T11:55:57","slug":"hsbc-rolls-out-cryptocurrency-services-in-hong-kong-report","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/hsbc-rolls-out-cryptocurrency-services-in-hong-kong-report\/","title":{"rendered":"HSBC rolls out cryptocurrency services in Hong Kong: Report"},"content":{"rendered":"
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Hong Kong and Shanghai Banking Corporation (HSBC) \u2014 the biggest bank in Hong Kong \u2014 has reportedly introduced its first local cryptocurrency services.<\/p>\n
HSBC has enabled its customers to buy and sell Bitcoin (BTC) and Ether (ETH)-based exchange-traded funds (ETFs), local journalist Colin Wu reported in a tweet on June 26.<\/p>\n
According to the report, HSBC will specifically offer cryptocurrency ETFs listed on the Stock Exchange of Hong Kong. At the time of writing, the exchange\u00a0lists three crypto ETFs, including CSOP Bitcoin Futures ETF, CSOP Ethereum Futures ETF and Samsung Bitcoin Futures Active ETF.<\/p>\n
\nSCOOP: HSBC, the largest bank in Hong Kong, today allows its customers to buy and sell Bitcoin and Ethereum ETFs listed on the Hong Kong exchange, and is also the first bank in Hong Kong to allow it. The move will expand local users\u2019 exposure to cryptocurrencies in Hong Kong. pic.twitter.com\/vH0LieSVGw<\/a><\/p>\n