China Merchants Bank Arm Wins Crypto Licence in Hong Kong

BTCC / BTCC Square / Global Cryptocurrency /

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2025-07-17 14:24:02

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CMB International Securities, a subsidiary of China Merchants Bank, has secured a virtual asset license from Hong Kong's Securities and Futures Commission. This marks the first such approval for a mainland China-affiliated brokerage, enabling it to offer cryptocurrency trading, custodial services, and digital asset advisory within Hong Kong's stringent regulatory framework.

The move underscores Hong Kong's commitment to establishing itself as a regulated hub for digital assets. Authorities have reiterated their focus on fostering innovation while maintaining robust oversight, signaling potential growth opportunities for institutional crypto services in the region.

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