RATE Group | Regulated Swiss Crypto Bank SEBA Opens Doors
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Regulated Swiss Crypto Bank SEBA Opens Doors

13 Nov Regulated Swiss Crypto Bank SEBA Opens Doors

Posted at 05:05h in Cryptocurrency News by

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Switzerland-based cryptocurrency bank SEBA has launched its services for professional investors and enterprise clients, according to an official news release published on Nov. 12.

As reported, SEBA Bank AG (formerly SEBA Crypto AG) is a fully-regulated institution, having secured a banking and securities dealer license from the Swiss Financial Market Supervisory Authority (FINMA) in August of this year.

A fully-fledged, regulated crypto bank

According to the announcement, the bank’s services are now fully operational for a range of prospective clients, including corporates, asset managers and professional private investors. SEBA will seek to attract clients from selected foreign jurisdictions starting in December.

In a statement, SEBA CEO Guido Buhler emphasized that those opening an account with SEBA should be able to take full advantage of the digital asset sector’s potential without having to sacrifice security. He added:

“We are proud to have founded a bank within 18 months,…

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