HSBC, StanChart face pressure from Hong Kong to take on crypto clients: report

HSBC, StanChart face pressure from Hong Kong to take on crypto clients: report

A sign hangs above the entrance to the headquarters of Standard Chartered Plc in London, U.K. Photographer: Chris Ratcliffe/Bloomberg

HSBC and Standard Chartered are among lenders facing pressure from Hong Kong’s banking regulator to take on crypto exchanges as clients, the Financial Times reported on Thursday, citing three people with knowledge of the matter.

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