Anxin Bank: Will limit customers' holding of cryptocurrency assets to no more than 20% of their total investment assets

BlockBeats News, November 25th: ZhongAn Bank launched cryptocurrency trading services today. According to the bank's acting CEO, Wu Zhonghao, the service is open to all Hong Kong residents who hold eligible Hong Kong identity cards, proof of address, and a phone number. Customers must also undergo a risk assessment. To ensure the security of customer assets, the bank will restrict the proportion of cryptocurrency assets held by customers to within 2% of their total investment assets.

Furthermore, Ding Zhaofei, Chief Analyst of HashKey Exchange, which provides custody, trading, and clearing support for customer assets for ZhongAn Bank, revealed that the exchange is in discussions with other top banks, securities firms, and funds for similar collaborations.