CMB International Securities, a subsidiary of China Merchants Bank, has launched a fully regulated, 24/7 cryptocurrency trading service in Hong Kong. The platform now allows investors to trade Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) anytime via the firm’s mobile app.
According to a press release on WeChat(weixin in China), CMB International became the first Chinese bank-owned securities firm to offer around-the-clock digital asset trading under Hong Kong’s regulatory framework.Â
The Documentation provided by the CMB asserts that only professional investors are eligible as of now. Industry experts view this as a significant step toward solidifying the city’s ambitions to become a global hub for virtual assets.
Regulated Platform With Robust SecurityÂ
It’s mandatory to complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks to utilize the trading service. Trading is governed by the Securities and Futures Ordinance and the newly introduced Stablecoin Ordinance, effective from early August 2025.
Trading operations are powered by a strategic partnership with OKX Planet. Even during times of intense market activity, this guarantees seamless performance. The platform is built with strong risk management features like cold wallet storage, multiple security checks, and third-party audits to meet the legal requirements for virtual asset providers in the city.
In July 2024, CMB International was granted Type 1 and Type 7 licenses from the Hong Kong Securities and Futures Commission (SFC), allowing the firm to provide securities dealing and automated trading services on a legal basis, now also for digital assets.
Although crypto is not yet legal in mainland China, the liberal state of Hong Kong is fast becoming the gateway between traditional and digital forms of finance, with the recent provision of stablecoins, including the HKDG, which has found its customers in many sectors.
Also Read: Hong Kong SFC Issues Stricter Custody Standards for Crypto Platforms
