According to ChainCatcher, the Hong Kong Securities and Futures Commission (SFC) has allowed ZA Bank to add virtual asset trading conditions to its type 1 license, which means that it can conduct cryptocurrency transactions.
A ZA Bank spokesperson said that ZA Bank has obtained the approval of the Securities and Futures Commission to allow the company to add virtual asset trading conditions to its Category 1 license, which is a major breakthrough for the company and the entire industry. The bank will actively prepare for the relevant sandbox test.
