Chinese banks court crypto firms in Hong Kong after mainland ban.
27 Mar 2023, 14:01
Chinese banks court crypto firms in Hong Kong after mainland ban
Chinese banks have been directly reaching out to crypto businesses over the past few months even though trading of crypto has been banned on the mainland for well over a year.
The Hong Kong arms of Bank of Communications, Bank of China and Shanghai Pudong Development Bank have either started offering banking services to local crypto firms or have made inquiries.