Swiss Crypto Bank SEBA Obtained License in Hong Kong for Crypto Related Services

Reported by The Block, a Swiss crypto bank, SEBA Bank, has obtained a license from Hong Kong Securities and Futures Commission to operate crypto-related services.

In today's statement, SEBA Hong Kong can now deal in and distribute all securities, including virtual assets-related products, such as OTC derivatives and structured products with underlying virtual assets.

SEBA Hong Kong is also allowed to advise on securities and virtual assets, and conduct asset management for discretionary accounts in both securities and virtual assets.