Rephrase the title:HSBC to launch custody services for tokenized securities

HSBC, Europe’s largest bank by total assets, has announced that it will be offering custody services for tokenized securities, becoming the latest major institution to embrace digital assets. The British bank is using technology from Swiss crypto custody firm Metaco, which was recently acquired by blockchain startup Ripple, to store bonds and other securities. According…

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All top economists agree on longer periods of higher rates due to persistent inflation concerns.

Top economists and central bankers agree that interest rates will remain higher for a longer period, creating uncertainty in global markets. Central banks worldwide have been aggressively raising interest rates in an attempt to curb rising inflation, although the results have varied. The US Federal Reserve, after pausing its rate hikes in September, had increased…

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