In a recent interview, chief executive of ZhongAn Bank confirmed that it has provided banking services to three virtual asset trading platforms licensed by the Hong Kong Securities Supervision Commission, namely OSL, HashKey and HKVAX. In addition, ZhongAn Bank is currently a banking partner of more than 100 Web3 companies. Yao Wensong added that entering the virtual asset market business will help the bank to enter the international market.
ZA Bank CEO Yao Wensong said in the latest interview that ZA Bank is not only the first digital bank to open in Hong Kong, but also the first digital bank in Hong Kong. By the end of 2023, the number of users and the amount of deposits are the largest among the licensed digital banks. Yao Wensong said that ZA Bank has invested a lot of resources in supporting the Web3 ecosystem in Hong Kong. More than 100 of the more than 200 Web3 companies in Cyberport have opened accounts with ZA Bank. At the ...