- AMINA HK secures SFC Type 1 license for crypto spot trading.
- This positions AMINA as Hong Kong’s first international crypto bank.
- Service targets institutional, corporate, and high-net-worth investors.
AMINA (Hong Kong) Limited has obtained a Type 1 license upgrade from the Hong Kong Securities and Futures Commission, marking it as the first international bank in the region to enable cryptocurrency spot trading and custody services for professional investors.
This advancement highlights Hong Kong’s evolving regulatory landscape for digital assets, potentially boosting institutional investment and innovation in the cryptocurrency sector.
AMINA HK Launches 24/7 Regulated Crypto Services
AMINA’s Type 1 license upgrade permits the launch of regulated crypto trading alongside custody services. As the first international banking group in Hong Kong to provide these services, they initially support 13 crypto assets, including BTC, ETH, and USDC. Learn more about Hong Kong’s Amina Group.
Changes include 24/7 cryptocurrency trading services, aligning with enhanced investor demand. The infrastructure utilizes SOC 1/2 Type 2 standards, reinforcing security while supporting professional investors. AMINA plans further expansion into private equity fund management and structured products.
Franz Bergmueller, CEO of AMINA Bank, emphasized their intent to offer market-leading service. In his words, “Together with our licenses in Switzerland, Hong Kong, and Abu Dhabi, this milestone enables us to offer clients global and market-leading service through operations built for scale, security, and long-term success.” Monique Chan from LSQ Capital Ltd. highlighted their partnership’s focus on secure and regulated digital asset access for high-net-worth clients.
Hong Kong’s Strategic Move to Attract Global Investors
Did you know? The expansion of AMINA’s services reflects a trend where financial hubs like Hong Kong adopt regulated frameworks similar to Switzerland and Abu Dhabi, aiming to attract global institutional investors.
Bitcoin currently trades at $91,877.96 with a market cap of $1.83 trillion, experiencing a 3.33% decrease over the past 24 hours, according to CoinMarketCap. The circulation stands at 19,950,237 out of a maximum supply of 21 million.
The Coincu research team notes that Hong Kong’s Digital Asset Policy 2.0 framework is expected to attract more institutional investors and high-net-worth individuals. Hong Kong’s strategic advancements further bolster its reputation as an emerging digital asset hub.
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