Hong Kong's largest bank now allows trading with bitcoin
In partnership with HashKey, ZA Bank now facilitates its clients to exchange cryptocurrencies for Hong Kong and US dollars.
Traditional banking joins the digital future now with ZA Bank incorporating the exchange of crypto assets for its clients.
ZA Bank users will be able to exchange cryptocurrencies from their mobile app.
The bank takes a key step in the merger between traditional banking and digital commerce in Asia.
ZA Bank, the largest digital bank in Hong Kong, has taken a step towards cryptocurrency trading through a partnership with the HashKey exchange, aiming to provide access to digital assets to retail users. According to representatives of the entity, this makes them "the first bank in Asia to offer such a service." The news was shared on the company's website and on HashKey's official account on the social network X.
It is worth mentioning that HashKey is a recognized cryptocurrency exchange licensed in Hong Kong, known for providing services in compliance with local regulations. In fact, it was in August 2023 when the company reported that it had obtained all the required licenses to extend its services, incorporating retail users from then on. Along with exchanges OSL and HKVAX, it is part of the three main licensed platforms in the region.
The company detailed in its statement that users will only need to go to ZA Bank's mobile app, which will integrate HashKey Pro, known.