PANews April 12 news, according to Bloomberg, Hong Kong ZA Bank CEO Ronald Iu said in an interview on Tuesday that Hong Kong ZA Bank will provide crypto-to-fiat currency exchange through licensed exchanges. Serve. Ronald Iu said ZhongAn Bank will serve as a settlement bank for customers, allowing them to withdraw cryptocurrencies in Hong Kong, Chinese and U.S. currencies after depositing crypto tokens on the exchange.
Ronald Iu also said that the business model is already working with HashKey and OSL, which are currently the only two licensed cryptocurrency exchanges in Hong Kong. ZhongAn Bank will also provide the same services to other licensed exchanges.
