2
Hong Kong’s ZA Bank wants to be the go-to bank for crypto startups
source link: https://fintechranking.com/2023/04/12/hong-kongs-za-bank-wants-to-be-the-go-to-bank-for-crypto-startups/
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Hong Kong’s ZA Bank wants to be the go-to bank for crypto startups
Hong Kong-based ZA Bank is now allowed to serve as the settlement bank for regulated web3 companies in the city, the company said today at Hong Kong’s web3 festival, an event that’s backed by the region’s government and has attracted crypto startups and institutions from all over Asia.
The online bank is set to facilitate crypto-fiat conversions in conjunction with two licensed exchanges in Hong Kong, HashKey and OSL, where customers can swap crypto into fiat currencies. In other words, the crypto-fiat conversion part is happening over the regulated exchanges rather than ZA Bank directly.
Read more: TechCrunch
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK