SEBA Bank, headquartered in Zug, Switzerland, has achieved a significant milestone in its global expansion strategy. It has secured approval from the Securities and Futures Commission of Hong Kong to engage in regulated activities...
SEBA Bank, headquartered in Zug, Switzerland, has achieved a significant milestone in its global expansion strategy. It has secured approval from the Securities and Futures Commission of Hong Kong to engage in regulated activities related to crypto. This accomplishment underscores SEBA’s unwavering commitment to offering a comprehensive range of services within the digital asset sphere. It also extends its reach into a pivotal financial hub in the Asia-Pacific region.
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SEBA takes crypto across the globe
This regulatory endorsement marks a significant expansion of SEBA’s presence in the digital asset landscape. It further brings the total count of jurisdictions where the bank operates to three. SEBA Bank is already active in Switzerland and Abu Dhabi. The addition of Hong Kong further cements its standing as a prominent global participant in the digital asset sector.
Franz Bergmueller, the CEO of SEBA Group, expressed his enthusiasm for this development. He said,
“Hong Kong has been at the center of the crypto economy since Bitcoin’s inception, and we are very pleased to have added this Hong Kong license.”
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