CMB International Secures Approval for Virtual Asset Trading in Hong Kong

CMB International Securities becomes the first mainland broker licensed for cryptocurrency trading in Hong Kong, enabling a range of services including trading and advisory.

VIRTUAL

Summary

CMB International Securities (CMBI) has received a virtual asset licence from the Securities and Futures Commission (SFC) in Hong Kong, becoming the first mainland broker to offer cryptocurrency trading services in the region. The licence allows CMBI to provide trading, custody, and advisory services while ensuring compliance with regulatory requirements. This move reflects a growing trend among mainland brokers to engage with Hong Kong’s crypto market, despite restrictions on direct participation from the mainland.

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