Swiss Crypto Bank Amina Recruits Private Banking Veteran to Lead Asia Expansion
Amina Bank, Switzerland's FINMA-regulated cryptocurrency bank, has appointed Michael Benz as head of its Hong Kong and APAC operations. Benz, a 30-year veteran of private banking, previously held leadership roles at Standard Chartered, Merrill Lynch, and UBS. His appointment signals Amina's aggressive push into Asia's digital asset market.
The move follows Amina's record 2024 performance, with revenue surging 69% to $40.4 million. Benz replaces Amy Yu, who departed for Standard Chartered's venture arm. The leadership change comes as Hong Kong implements new crypto regulations, including stablecoin licensing and digital asset policy initiatives.