Most people looking for a crypto update this week expect more bad news. Yet one of the biggest banks on earth just went the other way. HSBC opened RedCoin, its Hong Kong dollar stablecoin, to more than 3.3 million PayMe users, The Paypers reported. Still, only HK$80.58 million was in use by October 23, per crypto.news, a tiny sum next to that crowd. When PayPal let its users buy crypto in late 2020, bitcoin more than tripled within six months. News like this changes how traders place their bets. That is why money is moving into early coins like Pepeto,…
News Timeline:
Track the development of this news story across the Internet.