The Hong Kong arm of crypto-friendly Swiss bank SEBA Bank has received in-principle approval from the Hong Kong Securities and Futures Commission (SFC) allowing it to deal in virtual assets.
On Aug. 30, SEBA Hong Kong said its in-principle approved license would allow it to operate with crypto products such as over-the-counter derivatives, advise on virtual assets and conduct asset management for discretionary accounts in virtual assets.
SEBA Bank is a Swiss-regulated bank that specializes in managing, investing, and storing traditional and digital assets. SEBA Bank offers a range of products and services, including current accounts, online banking, deposits, lending, credit cards, custody services, investments, trading, and more.
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