💯💯Hong Kong Virtual Bank Mox Launches Crypto ETF Service.💯💯
Hong Kong’s Mox Bank, a digital arm of Standard Chartered, has unveiled a pioneering crypto exchange-traded fund (ETF) trading service, marking a significant milestone as the first virtual bank to offer direct trading of Bitcoin and Ether spot ETFs. Launched on August 7, this service aims to facilitate easy and economical access to crypto investments, charging minimal transaction fees. The bank’s strategic expansion into crypto ETFs aligns with Hong Kong’s ambition to establish itself as a leading crypto hub in the Far East.Mox Bank’s introduction of crypto ETFs on its platform is part of a broader plan to enhance its offerings, which includes future direct crypto asset purchases and trading in collaboration with a licensed exchange. The initiative is well-received by its customer base, with a significant portion actively engaging in crypto trading, driven by the bank’s commitment to innovation and customer empowerment in emerging asset classes.
