Listen, an interesting thing has happened in the world of cryptocurrencies: Hong Kong has officially allowed the first broker from mainland China to trade digital assets. This broker is Guotai Junan Securities (Hong Kong), a subsidiary of the large financial structure Guotai Junan International, which operates in mainland China.
What happened? They were granted an updated license from the Hong Kong Securities and Futures Commission (SFC). Previously, this company already had a type 1 license — it allowed trading in ordinary securities. Now they have been officially allowed to trade cryptocurrencies, and in full compliance with local laws and as part of an agreement with licensed virtual asset platforms. That is, their customers can now buy and sell bitcoins, ethereums and stablecoins through this platform — absolutely legally.
This is actually a big step — and not just for the company. Hong Kong has long sought to become a crypto hub in Asia and create a transparent and reliable market for digital assets. And the approval of such a major player suggests that the region is betting on institutional investors, not just retail traders.
Moreover, it is also a political signal. Although China maintains a tough position within the country towards cryptocurrencies, it makes it clear through Hong Kong that digital finance is the future, and it cannot be abandoned altogether. A kind of "dialogue" is beginning between traditional banks and the cryptocurrency sector, but within the framework of strict regulation.
So, in fact, Guotai Junan became the first to follow this new route. And, most likely, others will catch up with them.
Now the question is: if even such large and cautious players as Chinese brokers start entering the crypt legally and with regulatory approval, maybe this is a sign that the crypt is really becoming part of the future financial system?