AMINA Bank Wins Hong Kong License to Deliver Crypto Services to Institutional Clients
, the first Swiss-regulated financial institution to offer crypto banking, has reached a regulatory milestone by getting a Type 1 license boost from Hong Kong’s Securities and Futures Commission (SFC).
This gives AMINA (Hong Kong) Limited, its local subsidiary, the right to offer advanced crypto trading and asset protection services only to professional investors in the area.
Approval of a Groundbreaking License
The new SFC Type 1 license lets AMINA HK offer 24/7 crypto spot trading with institutional-level execution and custody services that meet SFC standards. This news makes AMINA Bank the first international bank in Hong Kong to get this kind of clearance.
is a financial center that is rapidly moving toward regulated digital asset markets. The bank offers secure crypto deposits and withdrawals via whitelisted addresses, which satisfy strict regulatory standards.
Meeting the Needs of Institutions in Hong Kong
AMINA’s new license fills a void in the market where there weren’t many institutional-grade services before, notably from multinational banks. AMINA lowers operational friction and counterparty risks for institutional clients like corporations, high-net-worth individuals, and financial institutions by providing full custody and trading under a single set of rules.
Aligning Hong Kong’s Vision as a Crypto Hub
New rules, like those for stablecoins and the establishment of Asia’s first platform-traded fund, are assisting Hong Kong build its digital asset industry. AMINA’s entry into this regulated market assists the city reach its goal of being a global center for digital asset services.
The bank is entering a competitive market with established local companies, but it is also the first foreign licensed bank in this arena, marking a new era in the region’s regulated crypto offerings.
Amina Bank: Leader in Global Crypto Banking
AMINA Bank AG, located in Zug, Switzerland, and founded in 2018, has been a leader in connecting the worlds of traditional banking and digital assets. In addition to its Hong Kong license, AMINA also has licenses from regulators in and Abu Dhabi.
It offers a variety of crypto banking products, including custody, spot, and derivatives trading, as well as new ways to tokenize assets. The Hong Kong license enhances the bank’s profile in Asia and aligns with its broader objective of being a leader in regulated cryptocurrency banking services globally.
With the debut of these services under , AMINA Bank provides institutional investors in Hong Kong with secure, dependable, and compliant access to cryptocurrency markets. This is a large step forward for institutional digital asset adoption and regulation in the region.
This license demonstrates that Hong Kong and AMINA Bank are collaborating to foster trust and growth in the regulated cryptocurrency banking market.
