Industry insiders directly involved in the application of virtual asset licenses and system docking revealed that a number of local securities firms in Hong Kong (such as Victory Securities (08540.HK), Eide Securities, etc.) have completed the upgrade of the No. 1 license plate. Guotai Junan International is not the only Chinese securities firm applying for a license.
Brokers mainly carry out "distribution" trading services, rather than operating proprietary exchanges. Specifically, their model is to set up an Omnibus Account in a licensed exchange, and provide customers with trading channels for mainstream compliance currencies such as BTC and ETH through access to the trading system. There are no high-risk counterfeit products or air coins involved. At present, many of the above-mentioned local brokers have carried out similar distribution services, and their compliance requirements such as customer due diligence (KYC), appropriate management and investor education are basically consistent with Guotai Junan International, and all Chinese mainland residents are prohibited from participating in transactions.
A number of local brokerages in Hong Kong have completed the upgrade of the No. 1 license plate, and more institutions may enter the cryptocurrency market in the future
2025-06-26 02:54:00
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