Hong Kong Digital Bank Mox Adds Crypto ETFs, Plans Direct Crypto Investing

Mox, a virtual bank subsidiary of Standard Chartered, has started offering bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) to its clients shortly after launching an investment platform in Hong Kong, the company announced Wednesday. The bank also plans to offer direct crypto investments on its platform through a partnership with a licensed exchange, it told the South China Morning Post. So far, only two exchanges, HashKey and OSL, are licensed to offer crypto trading in Hong Kong. While the crypto ETFs are already available to investors on other trading platforms, Mox charges a lower fee of 0.12% of transaction.

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