Swiss Bank SEBA gets Hong Kong SFC License
SEBA received its in-principle approval in August, and has now received the full licence.

SEBA received its in-principle approval in August, and has now received the full licence.
Double blessings! SEC’s motion to file an interlocutory appeal against Ripple has been denied and the latter has achieved a significant milestone by obtaining a major payments institution license from the MAS.
When the licence is issued, SEBA will be able to offer crypto investment services to customers.
Deutsche Bank AG is seeking regulatory approval to operate a custody service for digital assets, including cryptocurrencies. The move aligns with Deutsche Bank’s broader efforts to expand income from digital asset offerings, following in the footsteps of its investment arm, DWS Group.
Currently, they are making a choice between a national stablecoin or a CBDC
The FDIC said early estimates showed that Silicon Valley Bank's failure cost its Deposit Insurance Fund around $20 billion.
Signature Bank has found a buyer after a week long financial odyssey, the New York Community Bancorp, Inc.
FTX previously purchased an Australian company to bypass the financial services license process.
Changpeng Zhao, the CEO of Binance, said that compliance with regulation is very crucial to the broader adoption of crypto.
SEBA Bank will focus on building an institutional-grade facility to invest in crypto assets.