🤑 AMINA Bank: Crypto’s New King in Hong Kong’s Fancy Playground! 🏰

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Ah, behold! The noble AMINA Bank AG, hailing from the land of chocolate and precision, hath secured the sacred “Type 1 license uplift” in the bustling realm of Hong Kong. 🏛️ A triumph, indeed, for this international banking group, now anointed to offer crypto trading and custodial services to the esteemed institutional clients of the East. 🎩

  • 🎉 AMINA Bank, with a flourish of quills and seals, hath received the SFC’s blessing for crypto trading and custody.
  • 💰 A treasure trove of 13 cryptocurrencies, including the mighty Bitcoin, Ethereum, USDC, and Tether, shall be offered to the discerning professional investor.

Hong Kong, a market both tightly corseted and forward-gazing, hath embraced AMINA as its first international suitor in this crypto ballet. “A sophisticated market,” quoth Michael Benz, Head of AMINA Hong Kong and APAC, with a wink and a nod, “where professional investors seek trusted access to the crypto realm.” 🕴️

Through its subsidiary, AMINA HK, the bank shall wield its license like a scepter, offering 13 cryptocurrencies to the elite. “A critical gap addressed,” they proclaim, with a dramatic flourish, “for professional investors and family offices long starved of international institutional-grade crypto with local onboarding capabilities.” 🧐

Yet, alas! The retail traders, poor souls, remain shackled, limited to large-cap tokens listed in recognized indices. But fear not, for AMINA targets the high-net-worth clientele, where the real drama unfolds. A 233% surge in crypto trading volume in Hong Kong exchanges during the first half of 2025? “Institutional adoption at scale,” they declare, with a triumphant fanfare. 🎺

To secure this license, AMINA had to dance a rigorous jig, proving to the Securities and Futures Commission their worthiness in capital, risk management, and qualified Responsible Officers. “A milestone,” Benz exclaims, “to expand our crypto product shelf-private fund management, structured products, derivatives, and tokenized real-world assets, all within a regulated framework!” 🛡️

AMINA’s Global Conquest: A Comedy in Three Acts

But lo! AMINA’s ambitions know no bounds. Just weeks ago, they secured a MiCA license in the European Union, through their Austrian subsidiary, AMINA (Austria) AG. The Financial Market Authority of Austria, with a nod of approval, granted them the right to offer trading, custody, and portfolio management services across the European Economic Area. 🌍

And what of their recent endeavors? Support for Ripple’s RLUSD stablecoin, staking services for Polygon’s POL token, and the removal of custody fees for USD Coin reward accounts-truly, a bank that knows how to woo its institutional suitors. 💼

Thus, AMINA strides forth, a titan in the crypto realm, leaving lesser banks to marvel at its audacity. Will it conquer all? Only time, and the fickle markets, will tell. 🌟

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2025-11-18 12:09