Virtual bank Mox Bank has been granted a Type 1 Securities Trading License by the Hong Kong Securities and Futures Commission

ChainCatcher news, virtual bank Mox Bank Limited recently announced that it has obtained a Type 1 (Securities Trading) license issued by the Hong Kong Securities and Futures Commission (SFC). The company has expanded from deposit and lending services to wealth management and investment services.

Mox will conduct testing of its Mox Invest securities trading service through the Hong Kong Monetary Authority's Fintech Regulatory Sandbox and will gradually roll out the service later this year. This new service will feature a simple and user-friendly interface, allowing users to easily invest in Hong Kong and U.S. securities. (Source link)