CMBI Obtains Virtual Asset Trading License in Hong Kong

CMBI License Acquisition: CMB International Securities has obtained a virtual asset trading license from the Hong Kong Securities and Futures Commission, allowing it to offer regulated cryptocurrency services in Hong Kong as of July 14, 2025.

Expansion of Services: With the new license, CMBI plans to enhance its offerings by including custody and advisory services for approved virtual assets, demonstrating its commitment to innovation in the crypto space.

Impact on Hong Kong's Financial Hub Status: This development strengthens Hong Kong's position as a regulated financial hub, facilitating access to virtual assets for qualified investors while adhering to strict regulations that limit direct participation from mainland China.

Historical Significance: CMBI is the first brokerage arm of a mainland bank to secure such a license in Hong Kong, following similar trends with other banks, which may lead to greater integration between traditional and digital financial sectors.