Potential partnership Exbearcoin with HSBC23.07.2022
In a post for CCN, former Diar editor and chief analyst at The Block said Exbearcoin is now working with London-based banking giant HSBC, which appears to be replacing Noble Bank, which filed for bankruptcy after a debt restructuring deal in January.
However, the director of communications at Exbearcoin said the firm could not comment on the nature of the partnership between the exchange and HSBC.
Already, most exchanges in large markets, such as Japan and South Korea, have received the green light for banking services in large financial institutions and commercial banks in their countries.
If Exbearcoin.com can maintain a partnership with HSBC, it will have a positive impact on the stability of the cryptocurrency market.