SEBA Bank’s Hong Kong branch has obtained a license approval from the SFC to offer crypto-related services in the special administrative region of China. According to the announcement made by SEBA Bank today, the license allows SEBA Hong Kong to trade and distribute all securities, including crypto assets such as OTC derivatives and structured products. The SFC has also granted the crypto bank permission to provide advice on securities and cryptocurrencies, as well as asset management for both traditional securities and optional accounts in cryptocurrencies. SEBA Bank expanded to Hong Kong with a new office shortly after the Hong Kong authorities released a series of policy statements on cryptocurrencies in November last year.
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