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Have Fun With A Quiz in Gate Chat Group & Unlock Big Rewards!
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2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
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Mox Bank, a Hong Kong-based virtual bank and Standard Chartered affiliate, has become the region's first to provide Bitcoin and Ether Exchange Traded Funds (ETFs). This measure is intended to address the huge local interest in cryptocurrencies, with one-third of Hong Kong residents currently investing in them. Mox Bank's endeavor includes a competitive trading charge of 0.12%, as well as aspirations to expand its services to include direct crypto asset trading via a collaboration with a regulated exchange. The bank's debut into the crypto ETF market is viewed as a crucial step toward integrating cryptocurrencies into conventional banking in Hong Kong.