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BTCC / BTCC Square / Global Cryptocurrency /
China Merchants Bank Arm Wins Crypto Licence in Hong Kong

China Merchants Bank Arm Wins Crypto Licence in Hong Kong

Author:
Global Cryptocurrency
Published:
2025-07-17 14:24:02
17
2
BTCCSquare news:

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.

|Square

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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