Swiss Crypto Bank SEBA Secures Hong Kong’s SFC Licence

• 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.

We are beyond excited to announce that SEBA Hong Kong has received a licence from the Securities and Futures Commission to Conduct Regulated Activities in Traditional Securities and Crypto-Related Services.

The full press release is available at https://t.co/QYCAibg0nT pic.twitter.com/zPy07KfDQz

— SEBA Bank AG (@WeAreSEBA) November 8, 2023

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 …

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