Biggest virtual bank in Hong Kong offers crypto-fiat conversion services.
The banking platform will offer crypto-to-fiat conversions and account services as the Chinese financial center is seeking to embrace the industry.Hong Kong’s first and largest virtual bank, co-founded by Chinese billionaire Ou Yaping, is looking to facilitate transfers of digital and fiat currencies for participants in the city’s developing crypto sector, Bloomberg reported quoting the lender’s top executive.
For the dozen of interested firms, big or small, from abroad and local, top of their concern is to have a path to make things work.
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