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HSBC Has Banned Purchases Of MicroStrategy Shares – April 13

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Bitcoin price has surged to new all-time highs once again, currently trading well above the $63,000 mark.

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Top Stories for April 13, 2021 🔥

👉 HSBC Has Banned Purchases Of MicroStrategy Shares

The largest bank in Europe, HSBC, has put a ban on purchases of MicroStrategy stock, labeling it a “virtual currency product”.

The bank already had a blanket ban in place on virtual currencies, which it claims has been effective since 2018. MicroStrategy currently holds about $5.5 billion of Bitcoin.

HSBC says it will still allow the holding sale and outgoing transfer of the shares, however will no longer accept new incoming transfers or purchases.

👉 Binance Launches Trading For Tokenized Stocks

Cryptocurrency exchange Binance has launched trading for tokenized stocks, beginning with tokens for the ever-popular Tesla.

Users will be able to buy as little as one-hundredth of a share, with prices being settled in the BUSD stablecoin. Coindesk report that the tokenized stocks will be backed by a portfolio of the underlying securities.

👉 New York Stock Exchange Releases NFT Collection

The New York Stock Exchange has released its very own collection of non-fungible tokens (NFTs), which commemorate significant past IPOs.

Each NFT memorializes the moment at which the companies joined the public market for the very first time,.

The post HSBC Has Banned Purchases Of MicroStrategy Shares – April 13 appeared first on BitcoinPrice.com.



Source: HSBC Has Banned Purchases Of MicroStrategy Shares – April 13

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