Hong Kong Virtual Bank Mox Bank Granted Approval for Upgrade to Type 1 License, Supporting USD Trading for Bitcoin and Ethereum

BlockBeats News, January 26th, according to Hong Kong Economic Times report, Hong Kong virtual bank Mox Bank has been granted regulatory approval to upgrade to a Type 1 license, allowing it to provide virtual asset trading services to customers through a comprehensive account, but currently only supports USD trading of Bitcoin and Ethereum. Mox Bank's virtual asset trading platform partner is HashKey Exchange, with HashKey Custody as the customer's virtual asset custodian. The transaction fee is divided into four levels of membership, with the lowest level Basic member having a virtual asset trading commission of 1.25%, and the highest level Elite member at 0.5%.