Crypto News: Swiss Banking Powerhouse AMINA Secures Crypto License in Hong Kong

AMINA Bank has secured a crypto license to launch comprehensive, regulated crypto trading and custody services for professional investors in Hong Kong.

A major Swiss financial institution achieved a significant regulatory milestone in Asia. AMINA (Hong Kong) Limited has obtained an important license uplift from the Securities and Futures Commission (SFC). Consequently, the banking group is the first international entity to provide full-scale and institutional-grade crypto services locally.

New Services Bridge Critical Gap for Institutional Investors

In particular, successful Type 1 license uplift means that AMINA can offer trading and custody capabilities. Such services are focused on professional investors, such as family offices, corporations, and high-net-worth individuals.

In addition, the launch fills a specific gap in the institutional crypto landscape of Hong Kong. Sophisticated clients have had limited access to international, bank-grade digital asset solutions locally in the past. AMINA is now a vital infrastructure.

The firm is successful at integrating strict Swiss banking standards with local Hong Kong digital asset expertise. Furthermore, its bank-grade operational proficiency helps fill the gap for institutional adoption. These clients require regulated access, which must meet traditional finance standards.

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Therefore, in AMINA HK, they are offering continuous 24/7 crypto spot trading. Execution infrastructure is professional-grade. The initial offering contains 13 thoroughly vetted cryptocurrencies, such as Bitcoin and stablecoins.

Asset safeguarding is additionally a fundamental offering after the uplift. SFC-compliant infrastructure is responsible for secure digital asset custody. It provides crypto deposits and withdrawals to whitelisted addresses.

The framework is explicitly geared to strict SFC regulatory requirements. These capabilities help to greatly simplify the overall client journey. Moreover, this guarantees institutional-grade compliance with all professional investors.

Combining Swiss Rigor to Expand Asia’s Digital Asset Hub

Michael Benz, Head of AMINA Hong Kong and APAC, said: “The strategic move is a sign of innovation and a way for AMINA to stay competitive in the water treatment market”. He pointed out Hong Kong’s status as the most advanced market in the region for institutional adoption of crypto. The uplift makes it possible for AMINA to supply this increasing demand.

Mr. Benz said that the bank’s capacity to bring Swiss precision with local expertise sets it apart. This approach is to deliver crypto solutions using a trusted framework. The move also means being able to expand the product shelf.

Hence, AMINA intends to offer new investment options for professional clients. These will be private fund management, derivatives, and structured products. Tokenized reality assets are also an element of an ambitious expansion plan.

Indeed, the strategic importance of this milestone gives strength to AMINA’s vision. The intent is to be a regulated crypto service provider that has global reach. This bears a critical infrastructure for the Asia-Pacific region.

The license uplift is one of Hong Kong’s broader efforts to promote itself as a global digital asset hub. Consequently, the city has a strong regulatory environment, which is attracting global players. It vindicates the ripened development of the market.

Ultimately, AMINA HK’s new capabilities are now fully live and accessible by professional investors. They provide multi-channel access (through mobile apps, web portals, and personalized relationship management). In this step, the institutional future is cemented.

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