Contact us
Table of Contents
News, Legal News

China Merchants Bank Arm Wins Crypto Licence in Hong Kong

This approval enables CMBI to legally offer cryptocurrency trading, custodial support, and digital asset advisory services within Hong Kong’s tightly regulated framework. Authorities reaffirmed their commitment to becoming a global crypto hub, with a stablecoin issuer licensing regime set to begin Aug. 1. Industry figures highlight that the move reflects Hong Kong’s balancing act between regulatory innovation and China’s crypto restrictions. Officials also confirmed plans to expand the use of tokenized assets across traditional finance.
This approval enables CMBI to legally offer cryptocurrency trading, custodial support, and digital asset advisory services within Hong Kong’s tightly regulated framework. Authorities reaffirmed their commitment to becoming a global crypto hub, with a stablecoin issuer licensing regime set to begin Aug. 1. Industry figures highlight that the move reflects Hong Kong’s balancing act between regulatory innovation and China’s crypto restrictions. Officials also confirmed plans to expand the use of tokenized assets across traditional finance.

China Merchants Bank Arm Wins Crypto Licence in Hong Kong

China Merchants Bank’s CMB International Securities has reportedly become the first mainland China-affiliated brokerage to secure a virtual asset licence from Hong Kong’s Securities and Futures Commission.

This approval enables CMBI to legally offer cryptocurrency trading, custodial support, and digital asset advisory services within Hong Kong’s tightly regulated framework. Authorities reaffirmed their commitment to becoming a global crypto hub, with a stablecoin issuer licensing regime set to begin Aug. 1. Industry figures highlight that the move reflects Hong Kong’s balancing act between regulatory innovation and China’s crypto restrictions. Officials also confirmed plans to expand the use of tokenized assets across traditional finance.

 

Picture of Admin Content
Admin Content

Related post

With more than 80 million PAX terminals deployed in over 120 countries, this software-based upgrade could enable seamless crypto checkout at scale. This marks a rare case of crypto payments expanding through existing financial infrastructure. For consumers, it means paying in crypto at a familiar checkout. For merchants, it’s crypto acceptance without the complexity or risk.
PAX and Lunu Pay Enable Crypto Payments at 80 Million Terminals Globally
Learn more
GLOK offers a private geolocation app that allows users to send distress alerts to a predefined list of contacts while prioritizing user privacy and data security. Additionally, GLOK provides counter-kidnapping training conducted by experienced security professionals, equipping participants with skills to anticipate and avoid threats. Vranova emphasized the need for innovative security solutions in the evolving landscape of digital asset ownership, stating that GLOK aims to empower bitcoiners and their families by creating a decentralized network of support. The GLOK app will soon enter beta testing, inviting early users to help refine its functionality.
Trezor Co-Founder Launches Glok to Enhance Security for Bitcoin Users Against Rising Threats Such as Kidnappings
Learn more
3IQ’s XRP ETF Shatters $50M Barrier Fast—Is This the Next Crypto Giant in Play? twitter-icon Share quote to Twitter A newly launched XRP ETF in Canada has surged past $50 million in assets within weeks, fueled by zero fees, regulatory clarity, and institutional-grade crypto exposure.
Ripple Custody to Support Dubai Land Department’s Tokenized Real Estate Initiative
Learn more
The Federal Reserve has not indicated plans to issue a central bank digital currency but lawmakers continue to raise privacy and control concerns. While the legislative roadblock underscores persistent internal divisions, digital asset advocates note that the policy debate has reached a higher level of urgency and visibility. Industry participants remain optimistic that momentum in the Senate and broader institutional interest will drive eventual passage of a national crypto framework.
House Slams Brakes on Crypto Legislation as Trump Eyes US Digital Asset Supremacy
Learn more
Prior to the latest move, Standard Chartered was already providing digital asset services through its independent subsidiary companies, Zodia Markets and Zodia Custody. Zodia Markets, in particular, offers clients access to trading in more than 70 crypto assets. “As client demand accelerates further, we want to offer clients a route to transact, trade, and manage digital asset risk safely and efficiently within regulatory requirements,” stated Bill Winters, Chief Executive of Standard Chartered. Meanwhile, Standard Chartered’s decision also aligns with a nascent trend among other major financial players. Some U.S. banks, which previously shunned the sector, are reportedly holding internal discussions about expanding their crypto offerings. In June, France’s Societe Generale became the first major bank globally to launch a dollar-pegged stablecoin.
Standard Chartered Opens UK Branch for Institutional Crypto Trading
Learn more
Coinbase Stock Hits Record High Alongside Bitcoin as Analysts Highlight 'Growth Runway'
Coinbase Stock Hits Record High Alongside Bitcoin as Analysts Highlight ‘Growth Runway’
Learn more

Bicoins Academy is a leading institution specializing in providing comprehensive and in-depth knowledge about Blockchain and Cryptocurrency.

Facebook Twitter Youtube

Category

Sitemap

Contact

Customer Support

[email protected]

Listing Application

[email protected]

Application

[email protected]

Cooperative Partner

[email protected]

Copyright © 2025 Bicoins Academy

Help & Support

I

Privacy Policy