HSBC: First Bank in Hong Kong to Broker Bitcoin and Ethereum ETFs

As of June 1st, HSBC, the largest bank in Hong Kong, which has restarted the prohibition of cryptocurrency trading for individual investors, will broker the buying and selling of Bitcoin exchange-traded funds (ETFs) and Ethereum ETFs listed on the Hong Kong stock exchange for its customers. With this decision, HSBC became the first bank in Hong Kong to provide its customers with this opportunity. Increasing Exposure to Cryptocurrencies As reported by blockchain and crypto journalist WuBlockchain, HSBC, the largest bank operating in Hong Kong, will facilitate its customers to buy and sell the largest cryptocurrency Bitcoin (BTC) and the biggest altcoin Ethereum (ETH) ETFs listed on the Hong Kong exchange. This move by the banking giant has an extremely positive impact force, such as increasing access to cryptocurrencies permitted for trade in the country and increasing exposure to cryptocurrencies. HSBC became the first bank in Hong Kong to provide such […] The post HSBC: First Bank in Hong Kong to Broker Bitcoin and Ethereum ETFs appeared first on COINTURK NEWS.