Hong Kong ZhongAn Bank has been approved to conduct virtual asset transactions

Odaily News The Hong Kong Securities and Futures Commission (SFC) has allowed ZA Bank to add virtual asset trading conditions to its type 1 license, which means that it can trade cryptocurrencies. A spokesperson for ZA Bank said that ZA Bank has obtained approval from the SFC to allow the company to add virtual asset trading conditions to its type 1 license, which is a major breakthrough for the company and the entire industry. The bank will actively prepare for relevant sandbox tests.