Crypto-focused bank SEBA announced that it has secured Hong Kong’s Securities and Futures Commission (SFC) licence to conduct regulated activities in traditional securities and crypto-related services. The Switzerland-based bank will operate in the territory via its wholly-owned ...
- SEBA Bank has secured Hong Kong’s SFC licence to begin operations in the territory.
- The Securities and Futures licence 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) licence 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 licence would mark the bank’s entry into the Asia-Pacific region. Moreover, the SFC licence 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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