With its Securities and Futures Commission license, SEBA Hong Kong can now fully conduct digital assets-related products in the country. This positions the company as a trusted and regulated partner in APAC market.
The trial involved using the CBDC to simulate the settlement of listed securities in a test environment. Banque de France partnered with Swiss bank SEBA as well as two Luxembourg institutions.
Crypto bank SEBA has expanded into nine new jurisdictions including Italy, Hong Kong, France and Singapore just a month after it launched full operations.
A startup in Switzerland has already raised 100 million Swiss francs ($100 million) to put up a bank that would offer cryptocurrency-related products.
