China Merchants Bank International Securities Co., Ltd. announced today (18) the formal launch of virtual asset trading services, becoming the first Chinese-funded bank-affiliated brokerage to开展 cryptocurrency trading business in Hong Kong.
According to the official announcement, the newly launched service has been integrated into the mobile application (APP) of China Merchants Bank International Securities, providing 'qualified investors' with year-round, 24/7 virtual asset trading functions.
Investors can directly participate in trading Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) through their virtual asset accounts. In the future, China Merchants Bank International Securities will expand the scope of virtual asset trading within the risk control and compliance management framework and continuously upgrade trading functions.
It is worth noting that investors must first successfully open a cash account with China Merchants Bank International Securities before they can open a virtual asset trading account; 'qualified investors' are residents holding professional investor qualifications and are from 'non-restricted areas for virtual asset sales.'
As early as July 11, China Merchants Bank International Securities has been approved by the Hong Kong Securities and Futures Commission to upgrade its existing securities trading license to include virtual asset trading services, becoming the first Chinese-funded bank-affiliated brokerage in Hong Kong to obtain a license related to virtual asset trading services.
The announcement states that the virtual asset trading function is officially online, marking a solid step for China Merchants Bank International Securities in responding to regulatory policies, implementing innovative business, optimizing system integration, and supporting compliant operations.
"The first Chinese-funded bank-affiliated brokerage! China Merchants Bank International Securities launches 'Virtual Asset Trading Services' supporting BTC, ETH" was first published on (Block Guest).
