Positive developments continue to occur in Hong Kong, which has taken important steps towards becoming a cryptocurrency center.
At this point, according to local news agency “hkej”, Hong Kong virtual bank ZA Bank said in its statement that it provides commercial banking services to more than 80 Web3 companies and is also the banking partner of local licensed platforms HashKey and OSL.
At this point, ZA Bank CEO Yao Wensong stated that they have expanded the bank's customer base and that they have recently worked to enable the bank's retail investors to trade Bitcoin (BTC) and cryptocurrencies with fiat through the ZA Bank Application.
“ZA Bank has so far provided business banking services to more than 80 Web3 companies, including OKX.
It is also a locally licensed bank. It is also the banking partner of HashKey, Hong Kong's licensed cryptocurrency exchange.
At this point, in order to make it easier for our customers to trade cryptocurrencies, we are recently working on allowing retail investors to trade cryptocurrencies with legal currency through the ZA Bank Application.”