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Hong Kong Digital Bank Mox Bank Approved for License Upgrade to Allow Bitcoin and Ethereum Trading
ChainCatcher News, according to Hong Kong Economic Daily, Hong Kong digital bank Mox Bank announced that it has received regulatory approval to upgrade its License 1 to provide virtual asset trading services through a comprehensive account. Currently, it only supports USD trading of Bitcoin and Ethereum. The trading fee rates are divided into four membership levels, with the lowest Basic membership virtual asset trading commission at 1.25%, and the highest Elite level at 0.5%.
It is reported that Mox Bank is the second digital bank approved for virtual asset trading. Previously, ZhongAn Bank (ZA Bank) launched cryptocurrency trading services in July last year, supporting HKD or USD trading of BTC, ETH, SOL, LINK, and others.