SEBA Bank Secures License To Facilitate Crypto Trading Services In Hong Kong

The Swiss crypto bank, SEBA Bank, was recently granted a license to operate in the Abu Dhabi Global Market (ADGM), the UAE’s financial center. The license allows SEBA to conduct regulated services. SEBA’s Strategy The Swiss-registered digital asset bank, SEBA Bank, has been granted a license that allows it to operate in the UAE’s international financial center, the Abu Dhabi Global Market (ADGM). According to reports, the Financial Service Permission (FSP) license, which was issued by the Financial Services Regulatory Authority (FSRA), became effective on February 7,....

Hong Kong now has its first regulated cryptocurrency trading platform. The Securities and Futures Commission has just given out the first-ever crypto license to OSL Digital Securities which will soon commence trading for several cryptocurrencies, including bitcoin. Hong Kong Gives Out First Crypto License Hong Kong’s Securities and Futures Commission (SFC) has licensed the first crypto trading platform in Hong Kong. The securities regulator announced Wednesday: It has granted the first licence to a virtual asset trading platform in Hong Kong. The SFC website shows that OSL Digital....

The Hong Kong-based crypto investment firm Q9 Capital secures its provisional license from the VARA regulatory to operate in the UAE. The platform joins the list of other big names like Binance, Crypto.com, OKX, FTX and others, currently operating in the regime following the approval. It comes as part of the company’s move to expand […]

Switzerland-based crypto bank SEBA is adding support for three defi tokens, bringing the number of cryptocurrencies available on its platform to a total of nine. SEBA clients are able to buy, store and trade with fiat any of these cryptos. SEBA Bank Supports the Coins of 3 Defi Protocols With the new tokens, SEBA Bank is not only expanding its offering but entering into the decentralized finance (defi) world, the fintech noted in an official announcement published this week. The financial company believes it’s now supporting “the tokens of the most important defi protocols....

It says users in the United States can expect digital asset services to come in the future. A subsidiary of the Huobi cryptocurrency exchange called HBIT Inc has received its Money Services Business (MSB) license from the United States Financial Crimes Enforcement Network (FinCEN).The Seychelles based Huobi said on July 5 that the license creates a foundation for it to carry out crypto-related business in the U.S. in the future, as part of its strategic goals of “globalization and compliance”. The exchange is a major player, with more than $1 billion in volume in the past 24 hours....