Assets, Bitcoin

Does HSBC Allow Bitcoin?

Yes, HSBC does allow Bitcoin. The bank has been open to the idea of digital currencies for some time now and has been working with startUPS in the space.

In 2017, HSBC was the first major bank to launch a blockchain-based trade finance platform. The platform is designed to speed up the process of financing international trade by using blockchain technology to track documents and payments.

HSBC is also one of the leading banks in the development of a cryptocurrency trading platform. The bank has been working with digital currency exchange Coinbase to develop the platform.

The platform is still in development, but it is expected to launch sometime in 2018.

While HSBC has been open to the idea of digital currencies, the bank has not yet made a move into actually using them. This may change in the future, but for now, HSBC is content to watch and see how the space develops.

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