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Victory Securities Cuts Off Mainland China Users Amid Regulatory Pressure

Victory Securities Cuts Off Mainland China Users Amid Regulatory Pressure

Author:

Global Cryptocurrency

Published:

2026-02-10 16:16:02

7

1

BTCCSquare news:

Hong Kong-based Victory Securities has permanently disabled trading and deposit functions for Mainland China users, marking a decisive step in its regulatory compliance strategy. Affected clients retain withdrawal access to recover assets, as the broker aligns with tightening oversight from both Hong Kong and Chinese authorities.

The MOVE reflects broader market tensions as regulators intensify scrutiny of virtual asset services. Victory Securities' phased withdrawal from mainland operations underscores the growing divide between China's crypto restrictions and Hong Kong's evolving regulatory framework.

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