Hong Kong’s ZA Bank wants to be the go-to bank for crypto startups

As the collapses of Signature Bank and Silvergate sent crypto companies scrambling, a virtual bank from Hong Kong is extending a warm welcome to web3 startups.
Hong Kong-based ZA Bank is now allowed to serve as the settlement bank for regulated web3 companies in the city, the company said today at Hong Kong’s web3 festival, an event that’s backed by the region’s government and has attracted crypto startups and institutions from all over Asia.
The online bank is set to facilitate crypto-fiat conversions in conjunction with two licensed exchanges in Hong Kong, HashKey and OSL,

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