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SEBA Bank Becomes First Swiss Crypto Asset Licensed Custodian Bank By CoinQuora

by Mike Robinson

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SEBA Bank Becomes First Swiss Crypto Asset Licensed Custodian Bank
  • SEBA Bank issued the first digital asset custody license in Switzerland.
  • This bank will focus its efforts on the creation of digital crypto assets.
  • SEBA will continue to work with institutions in order to develop crypto asset facilities.

SEBA Bank has announced that it was granted a CISA licence by the Swiss Financial Market Authority. Specifically, the license granted to SEBA allows the bank to act officially as the custodian for Swiss collective investments schemes. SEBA Bank is now able to help Europe develop digital asset investing.

SEBA Bank was the first cryptocurrency firm to be granted a bank license by the Swiss regulator in 2019. It was only one year since it began operations in mid-2018. The company also launched cryptocurrency banking services later.

SEBA Bank, a cryptocurrency Swiss-based bank that provides a safe and simple way to connect traditional and digital assets is just a short description.

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