SEBA obtains Hong Kong cryptocurrency-related services license

Swiss cryptocurrency bank SEBA Bank has obtained a license from the Securities and Futures Commission of Hong Kong, allowing its subsidiary to operate cryptocurrency-related services in Hong Kong. In a statement today, SEBA said the license allows SEBA Hong Kong to trade and distribute all securities, including virtual asset-related products such as over-the-counter derivatives and structured products with underlying virtual assets. The cryptocurrency bank can also provide advice on securities and virtual assets, and manage assets in full discretionary accounts for both traditional securities and virtual assets.