{"id":23168,"date":"2023-08-30T02:05:46","date_gmt":"2023-08-30T02:05:46","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/seba-hong-kong-secures-key-approval-for-virtual-asset-operations\/"},"modified":"2023-08-30T02:05:46","modified_gmt":"2023-08-30T02:05:46","slug":"seba-hong-kong-secures-key-approval-for-virtual-asset-operations","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/seba-hong-kong-secures-key-approval-for-virtual-asset-operations\/","title":{"rendered":"SEBA Hong Kong Secures Key Approval for Virtual Asset Operations"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>SEBA Bank\u2019s Hong Kong subsidiary has taken a significant leap forward in the world of cryptocurrency, courtesy of an in-principle approval from the Hong Kong Securities and Futures Commission (SFC). This green light, secured on Aug. 30, grants SEBA Hong Kong the authority to delve into crypto products, including over-the-counter derivatives, advisory services on digital assets, and even manage discretionary accounts focused on virtual currencies.<\/p>\n<p>Amy Yu, the Asia-Pacific CEO of SEBA Hong Kong, expressed her optimism about the decision as she highlighted the city\u2019s robust regulatory landscape for virtual assets and its dependable legal structure, Yu voiced that Hong Kong holds immense potential in the crypto sector.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>5BTC or 111% + 111 Free Spins!<\/strong> <\/p>\n<p>New players only. Exclusive 111% Welcome Bonus + 111 Free Spins<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Furthermore, she noted that despite China\u2019s stance on crypto trading, Hong Kong\u2019s unique position \u2013 being geographically close to the mainland and also recognized as China\u2019s Special Administrative Region \u2013 offers a strategic advantage. Yu believes that \u201cHong Kong may once again serve as a gateway to China, delivering the significant potential of cryptocurrencies and blockchain technology.\u201d<\/p>\n<p>SEBA\u2019s decision to chase a local license stems from the increasing interest of private wealth sectors and family offices, coupled with inquiries from crypto firms struggling to manage their digital assets through conventional providers. In its home country, Switzerland, SEBA Bank seamlessly marries traditional banking with an array of crypto services like trading, staking, lending, and safeguarding assets.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/sfcs-approval-paves-seba-hong-kongs-path-to-crypto\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) SEBA Bank\u2019s Hong Kong subsidiary has taken a significant leap forward in the world of cryptocurrency, courtesy of an in-principle approval from the Hong Kong Securities and Futures Commission (SFC). This green light, secured on Aug. 30, grants SEBA Hong Kong the authority to delve into [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":23169,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/23168"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=23168"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/23168\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/23169"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=23168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=23168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=23168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}