Mox Bank Gains Approval for Bitcoin and Ethereum Trading in Hong Kong

2026-01-26 11:46

Mox Bank, a digital bank in Hong Kong, has received regulatory approval to upgrade its Tier 1 license, enabling it to offer virtual asset trading services. The bank will initially support Bitcoin and Ethereum transactions in U.S. dollars. Mox Bank's trading services feature a tiered fee structure, with the Basic tier charging a 1.25% commission and the Elite tier charging 0.5%. This development makes Mox Bank the second digital bank in Hong Kong to receive approval for virtual asset trading, following ZA Bank's launch of cryptocurrency trading services last year. ZA Bank supports transactions in both Hong Kong dollars and U.S. dollars for Bitcoin, Ethereum, Solana, and Chainlink.

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