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Banking Giant HSBC Slams Cryptocurrencies, But Applauds CBDCs For This Reason

Banking Giant HSBC Slams Cryptocurrencies, But Applauds CBDCs For This Reason


ZyCrypto
2021-09-24 20:14:05

HSBC, a British multinational investment bank and a financial services firm, has scrutinized cryptocurrencies and stablecoins, claiming the lack of regulations in the space pose threats to investors. On the contrary, the bank adored CBDCs as a form of digital money that can spur economic growth. In a recent report, titled “New forms of digital […]


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