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HSBC and Standard Chartered Pressed by Hong Kong To Take On Crypto Clients

The Hong Kong government is pressuring HSBC and Standard Chartered to accept cryptocurrency clients. This is because more and more people are using cryptocurrencies for transactions, and traditional financial institutions need to keep up. If the two banks are able to accept cryptocurrency customers, it will help drive the digital transformation of the entire financial industry. In this rapidly changing environment, keeping abreast of major global events is critical to investment decisions. FT provides independent, trusted global reporting, expert commentary and analysis to keep you on top of emerging risks and opportunities.

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