Swiss Bank SEBA gets Hong Kong SFC License
SEBA received its in-principle approval in August, and has now received the full licence.
ClementSEBA received its in-principle approval in August, and has now received the full licence.
ClementHong Kong explores the benefits of e-HKD in its digital currency pilots, stresses caution in further implementations.
Hui XinThe exchange has been active in Singapore, allowing Singaporeans to transfer funds via localised payment options and to verify their identity through SingPass
ClementUpon final approval, SEBA will join the pioneer group of licensed entities in Hong Kong that will provide services for crypto investments.
DavinThis shift has garnered considerable interest, especially when compared to the digital-asset crackdown in the United States. However, despite the enthusiasm, the city has yet to attract major investments from an industry still recovering from the market downturn last year.
CaptainXHong Kong will introduce a mandatory licensing regime for stablecoin issuers as early as this year.
OthersASIC has suspended the Australian financial services licence of FTX Australia Pty Ltd (AFS licence 323193) until 15 May 2023.
OthersAt this year's Hong Kong Fintech Week, the Hong Kong Special Administrative Region Government issued the "Policy Declaration on the Development of Virtual Assets in Hong Kong" (hereinafter referred to as the Policy Declaration), expounding its policy stance and guidelines for the development of the virtual asset industry and ecosystem.
CointelegraphThe mobile-first cryptocurrency exchange recently received regulatory approvals to operate in Greece, Singapore and Dubai.
CointelegraphA spokesman for Commerzbank confirmed to local media that it applied for a license with BaFin earlier this year, the first time a major German bank has applied for a license.
Cointelegraph