Hong Kong's ZA Bank Becomes First in Asia to Offer Bitcoin and Ethereum Trading for Retail Users

Nov 25, 2024, 03:44 AM

ZA Bank, the largest digital bank in Hong Kong, has become the first bank in Asia to offer cryptocurrency trading services to retail users. The bank's app allows users to buy and sell Bitcoin and Ethereum directly using legal currency (fiat). This service, launched in partnership with HashKey, a licensed exchange, signals a significant move towards integrating traditional finance with blockchain technology. The seamless, bank-backed crypto trading does not involve decentralized exchanges or swapping, providing a convenient and regulated platform for users.