Victory Securities Ceases Crypto Trading for Mainland Chinese Users Effective Feb. 9, 2026
Hong Kong-based Victory Securities has fully halted cryptocurrency trading for mainland China users, limiting them to withdrawals in compliance with regulatory requirements.
Summary
On February 9, 2026, Hong Kong Victory Securities officially terminated cryptocurrency trading services for all users from mainland China, granting only withdrawal rights. The measure expands prior restrictions to meet Hong Kong Securities and Futures Commission regulations and mainland China's crypto policies. Non-mainland tax residents will retain normal trading privileges.
Terms & Concepts
- HK SFC (Hong Kong Securities and Futures Commission): The primary regulatory authority overseeing securities, futures, and investment activities in Hong Kong.
- Virtual currency trading: The buying and selling of digital assets such as cryptocurrencies on trading platforms.
- Withdrawal-only function: A feature allowing users to remove funds from their accounts without initiating new trades.