Nuclear-level news in the crypto space! The smoke of battle rises rapidly in Hong Kong's financial battlefield—China Merchants Bank's 'regular army' CMB International Securities has launched virtual asset trading services in a surprise attack! Bitcoin, Ethereum, and USDT are directly listed on brokerage apps, trading 7x24 hours! This is not an ordinary institution entering the market, but a state-level capital licensed to enter the heart of cryptocurrency for the first time, and the door to crypto compliance in Hong Kong has been completely smashed open!
1. Deep nuclear explosion point in the news:
1. National team identity breaks the ice: CMB International Securities, backed by the century-old financial giant China Merchants Bank, is Hong Kong's first licensed Chinese bank-backed brokerage. Its acquisition of a virtual asset trading license is equivalent to the Chinese financial system extending a compliant olive branch to cryptocurrency, the significance of the policy direction far exceeds Musk's endorsements!
2. 10 billion incremental funds eyeing the market: Imagine, behind CMB International is a high-net-worth client group and huge traditional capital, which has entered the crypto space for the first time through a licensed and compliant channel. Just the assets managed by CMB International's parent company exceed 8.7 trillion RMB; with the compliance gate opened, a small stream will become a raging river!
3. 7x24 hour strangulation of traditional exchanges: Brokerage apps allow direct trading of BTC/ETH, supporting fiat currency deposits and withdrawals, seamlessly connecting stock and fund accounts. Users of traditional exchanges will face a massive migration tide, and Binance, OKX, etc. are facing dimensional attacks!
4. Hong Kong has become the stronghold for Chinese capital in crypto: From HashKey, OSL to CMB International, the matrix of licensed institutions in Hong Kong has taken shape. The path for mainland funds to enter the crypto space through Hong Kong has been completely opened up, and the policy 'clear cards' support Hong Kong's bid for global crypto hegemony!
2. Market earthquake warning:
1. BTC/ETH welcomes epic buy support: Compliance funds from banks entering the market will completely change the volatility pattern led by retail investors, institutional whales are starting to swallow bottom chips, and BTC below $20,000 may become a final farewell!
2. Hong Kong concept coins are about to surge violently: Projects like CFX and KEY backed by Hong Kong resources will become the first choice for incremental funds, early investors will reap the rewards!
3. The process of compliance crushes FUD: Under the shadow of the US SEC's crackdown, Hong Kong, with the support of Chinese financial giants, launches a surprise attack, and the battle for crypto discourse power between the East and West officially begins! Short sellers may face ruthless trampling by the bulls!
Brother Lei's analysis:
1. Who has entered the market? CMB International Securities, sounds unfamiliar? Its parent is China Merchants Bank! A legitimate state-owned background. In the past, big institutions avoided the crypto space, but now they are licensed in Hong Kong, openly selling Bitcoin BTC, Ethereum ETH, and USDT on their own app!
It's like before when buying Bitcoin was like underground trading, now you can just walk into a bank counter and say, 'I want two kilograms of Bitcoin!' Policy direction has completely reversed by 180 degrees!
2. How strong is it? 7x24 hour trading, just like Binance, all day long, while traditional stock traders sleep, crypto people are still gambling on the bank's app! The clients are all rich and experienced, meaning only qualified investors, simply put, wealthy and experienced big players have access. How much money do these people hold? Think about the 80 trillion yuan assets behind China Merchants Bank; a little leakage is enough for the crypto space to drink a pot!
Brother Lei experienced it firsthand; back then, Grayscale Trust bought and pushed BTC from $3,000 to $60,000. Now that the state-owned regular army has entered, the energy is only growing! Just think about the 2017 bull market, Wall Street hadn't even moved yet!
3. What does it mean for you? BTC/ETH are more stable now, with big players from banks entering with real capital, which is equivalent to giving Bitcoin and Ethereum a safety net. A crash? Big players won't agree to it first! Just refer to when MicroStrategy held onto BTC.
4. Hong Kong concept coins are about to fly; CMB is not fighting alone! Hong Kong has already issued a bunch of licenses, such as HashKey and OSL; mainland funds wanting to play crypto compliantly find Hong Kong to be the only channel! Projects like CFX and KEY, you know...
5. Major reshuffling of exchanges; in the future, big players will buy coins directly on bank apps, safe and worry-free, putting pressure on Binance and OKX! Just think about how Alipay eliminated bank counters?
This is not a drill! The gunfire of CMB International has sounded, and traditional financial giants have officially joined the cryptocurrency hunting ground. Retail investors who are still waiting should realize that there are only two paths ahead of you: either hop on the state team's compliance express and layout core assets in advance, or miss the last bottom before the big whales enter and end up desperately chasing prices at high levels! The historic turning point has arrived; which side are you on?
