HSBC Reportedly Partners With Fireblocks Amid US Crypto Regulatory Turmoil

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Benzinga

London-headquartered banking giant, HSBC Holdings (NYSE: HSBC) has reportedly partnered with crypto custody technology business, Fireblocks to expand into the digital asset space, according to CoinDesk. The outlet has shared the developments, citing sources familiar with the situation. However, neither HSBC nor Fireblock have commented on the news. The report of the partnership comes on the heels of numerous regulatory uncertainties surrounding the U.S. crypto sector. This however seems to have given an edge to European and Asian financial institutions over their American peers. In June, HSBC …

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