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Swiss Bank AMINA Wins Hong Kong Approval for Institutional Crypto Services

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Swiss crypto financial institution AMINA Bank AG has secured regulatory approval in Hong Kong to supply crypto buying and selling and custody companies to institutional purchasers, changing into the primary worldwide financial institution to obtain such authorization within the metropolis.

Key Takeaways:

  • AMINA grew to become the primary worldwide financial institution authorized in Hong Kong to supply institutional crypto buying and selling and custody.
  • The license follows a 233% surge in Hong Kong crypto buying and selling volumes.
  • It additionally positions AMINA to broaden into funds, derivatives and tokenized property.

In a Monday press release, the financial institution stated the Securities and Futures Commission granted a “Type 1 license uplift,” permitting AMINA to serve a phase of the market that has struggled to entry compliant, bank-grade crypto companies beneath Hong Kong’s strict regulatory regime.

With the approval, AMINA’s Hong Kong unit can now supply buying and selling and custody for 13 cryptocurrencies, together with Bitcoin, Ether, USDC, Tether and a number of other main DeFi tokens.

AMINA Eyes Expansion as Hong Kong Crypto Trading Surges 233%

The transfer comes amid speedy market progress within the area: AMINA reported a 233% improve in buying and selling quantity on Hong Kong crypto exchanges throughout the first half of 2025 in comparison with the identical interval final 12 months.

Michael Benz, AMINA’s Hong Kong head, stated the license positions the agency to broaden into personal fund administration, structured merchandise, derivatives and tokenized real-world property.

These areas are anticipated to type the following wave of institutional demand in Hong Kong as town accelerates its push to draw world digital-asset companies.

Hong Kong has been actively courting worldwide crypto companies, pitching itself as a regulated different to markets with much less readability.

While AMINA is the primary international financial institution to acquire the improved Type 1 permission, it joins an ecosystem already served by native gamers equivalent to Tiger Brokers and HashKey.

The approval aligns with a broader regulatory shift. In August, Hong Kong launched long-awaited stablecoin guidelines, prompting main banks equivalent to HSBC and ICBC to think about licensing.

The SFC additionally approved its first Solana ETF in October, forward of the United States, as a part of its effort to broaden town’s crypto funding choices.

Despite tightening sure self-custody guidelines to curb cybersecurity dangers, regulators have continued signaling an openness to accountable digital-asset progress.

AMINA’s entry provides contemporary momentum to Hong Kong’s effort to cement its standing as a world hub for institutional crypto finance.

Hong Kong to Open Crypto Trading to Global Liquidity

As reported, Hong Kong is making ready a major overhaul of its crypto trading rules, permitting licensed exchanges to attach with world order books for the primary time.

The change, introduced by SFC Chief Executive Julia Leung throughout Hong Kong Fintech Week, will finish town’s remoted buying and selling mannequin and align digital asset guidelines with these used throughout conventional monetary markets.

The transfer is a part of a broader push to strengthen Hong Kong’s function as a regional crypto hub.

Since 2022, town has launched alternate licensing, authorized Bitcoin and Ether-linked funding merchandise and begun shaping a digital-asset fund ecosystem.

Despite these efforts, Hong Kong’s buying and selling volumes nonetheless path markets just like the United States, prompting regulators to refine their method whereas sustaining strict investor protections.

Alongside the brand new liquidity guidelines, Hong Kong is finalizing licensing frameworks for crypto sellers, custodians and stablecoin issuers.

Regulators may let licensed brokers, not simply exchanges, faucet into world liquidity swimming pools, doubtlessly providing simpler entry routes for worldwide platforms equivalent to Binance or Coinbase.

The publish Swiss Bank AMINA Wins Hong Kong Approval for Institutional Crypto Services appeared first on Cryptonews.

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