Swiss-based AMINA Bank AG has gained regulatory clearance in Hong Kong to launch crypto trading and custody services for institutional clients.
The approval marks a major milestone for global firms entering one of the world’s most tightly regulated digital-asset markets.
AMINA Secures Type 1 License Upgrade
The bank announced that the Hong Kong Securities and Futures Commission granted its local subsidiary a Type 1 license uplift. This milestone, it says, makes it the first international bank to receive such authorization.
This upgrade is significant because institutions in Hong Kong have long faced limited access to bank-grade crypto services, largely due to the region’s strict compliance environment.
With the license upgrade in place, AMINA can now support 13 major cryptocurrencies. The list includes Bitcoin, Ethereum, USDC, Tether, and several leading DeFi tokens. This broader asset range aims to meet rising demand from clients seeking secure exposure to well-established digital currencies.
The bank says this added access strengthens its ability to serve a growing institutional market.
Sharp Rise in Local Crypto Trading Activity
The approval comes amid a sharp rise in regional crypto activity. AMINA reported a 233% increase in trading volume across Hong Kong exchanges in the first half of 2025 compared with a year earlier.
This surge reflects stronger participation from institutional traders, thus signaling renewed confidence in regulated crypto markets.
Building on this momentum, AMINA plans to widen its local offerings. Michael Benz, the bank’s Hong Kong head, said the license opens the door to private fund management and structured products. He added that it also paves the way for offering derivatives and tokenized real-world assets.
According to Benz, these additions will therefore enable the bank to deliver a broader suite of regulated crypto solutions to institutional clients.
Hong Kong Strengthens Position as Global Crypto Hub
AMINA’s approval aligns with Hong Kong’s broader push to attract global digital-asset firms. The city has positioned itself as a regulated hub for crypto innovation, thereby encouraging foreign entrants even though established local players such as Tiger Brokers and HashKey already serve the market.
This competitive environment illustrates Hong Kong’s efforts to strike a balance between innovation and stringent oversight.
New Stablecoin Rules Drive Further Market Interest
Regulatory developments have played a key role in shaping this landscape. Hong Kong introduced new stablecoin rules in August, prompting major institutions such as HSBC and ICBC to consider applying for licenses.
Soon after, the city approved its first Solana ETF in late October, moving ahead of the United States and reinforcing its ambitions in regulated digital-asset products.
Alongside these changes, Hong Kong also strengthened rules regarding self-custody of crypto assets. Authorities said that the shift aims to reduce cybersecurity threats rather than restrict user control.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
