Issuing bank status lessens significance of move, Samson Mow notes

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Iryna Sazhynska

11.04.2026

Issuing bank status lessens significance of move, Samson Mow notes — HSBC and Standard Chartered print HK money

Samson Mow commented that HSBC and Standard Chartered are note issuing banks, meaning they play a key role in printing Hong Kong's local paper currency.

Mow indicated that because of this unique position, developments related to these banks are not as significant as they may appear.

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Samson Mow has previously discussed the impact of institutional demand on Bitcoin supply. He projected that heavy buying could remove up to 100,000 BTC weekly in his 2026 price forecast. In a separate note, Mow said the period of discounted Bitcoin was short-lived due to rising market demand, which quickly absorbed available supply, according to his analysis of discount pricing.

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