AMINA Bank Secures Major License Boost for Institutional Crypto in Hong Kong

AMINA Bank, a Swiss-based institution, has received a significant license upgrade for its Hong Kong subsidiary. This move marks a pivotal step towards greater maturity and supervision of institutional crypto activity in the city. The upgraded Type 1 license allows AMINA Hong Kong to handle regulated crypto trading and custody for professional investors, a development that signals a shift towards more mature and supervised phases of digital asset management.