Amazing! Hong Kong has 'given birth' to Asia's first bank providing virtual asset trading services for retail users.

Hong Kong virtual bank (to be renamed 'Digital Bank') ZA Bank recently announced that it will offer virtual asset trading services to Hong Kong citizens, currently only supporting the direct buying and selling of Bitcoin and Ethereum in Hong Kong dollars and US dollars, and not supporting other virtual assets.

This is an important milestone in the development of the virtual asset industry in Hong Kong. A virtual bank in Hong Kong providing compliant virtual asset trading services for its citizens marks the official embrace of virtual assets by traditional financial institutions, which will enhance public trust in virtual assets and lower the barrier for the public to enter virtual asset trading.