Crypto bank SEBA has been awarded a license for providing cryptocurrency-related services by the Hong Kong Securities and Futures Commission.

According to BlockBeats news on November 8th, the Swiss crypto bank SEBA Bank has received a license from the Hong Kong Securities and Futures Commission, allowing its subsidiary to operate crypto-related services in Hong Kong. In a statement today, SEBA stated that the license allows SEBA Hong Kong to trade and distribute all securities, including virtual asset-related products such as OTC derivatives and structured products based on virtual assets. The bank is also authorized to provide advice on securities and virtual assets, and to manage assets in full discretion accounts for traditional securities and virtual assets.