Swiss Crypto Bank SEBA Secures Hong Kong’s SFC Licence
7M ago•
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- SEBA Bank has secured Hong Kong’s SFC license to begin operations in the territory.
- The Securities and Futures license is awarded to the bank’s subsidiary, SEBA Hong Kong.
- Hong Kong is SEBA’s first base in the Asia-Pacific region
Crypto-focused bank SEBA announced that it has secured Hong Kong’s Securities and Futures Commission (SFC) license to conduct regulated activities in traditional securities and crypto-related services. The Switzerland-based bank will operate in the territory via its wholly-owned subsidiary, SEBA Hong Kong.
The statement claimed that the SFC license would mark the bank’s entry into the Asia-Pacific region. Moreover, the SFC license would allow SEBA Bank to establish a regulated footprint in the territory. The bank can begin dispensing its services on November 3. According to SEBA’s …
The post Swiss Crypto Bank SEBA Secures Hong Kong’s SFC Licence appeared first on Coin Edition.
7M ago•
bullish:
1
bearish:
0
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