Hong Kong’s ZA Bank floats virtual asset trading services

The virtual bank also mulls launching US stock trading services in due course. 

Hong Kong’s ZA Bank shared plans to introduce virtual asset trading services for retail investors in the near future.

The plans are in line with the Hong Kong government’s latest moves to incorporate virtual assets into its financial ecosystem.

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“We welcome the licensing guidelines issued yesterday by the Hong Kong SFC, and we are excited to offer the new investment opportunities brought by virtual assets to our users,” said Ronald Iu, CEO of ZA Bank.

“We believe that virtual assets hold the potential to become a significant asset class in the future. By offering virtual asset trading services, we will give our users the opportunity to stay ahead of the curve with ZA Bank under a regulated environment,” Iu added.

ZA Bank also plans to introduce US stock trading services in due course.