China Merchants Bank�s brokerage arm gets virtual asset licence in Hong Kong

INSUBCONTINENT EXCLUSIVE:
CMB International Securities (CMBI), the brokerage arm of China Merchants Bank, said it received a virtual asset licence from Hong Kong’s
Securities and Futures Commission, making it the first mainland broker to conduct cryptocurrency trading services and other activities in
the city. The licence, issued on Monday, allowed CMBI to engage in a variety of virtual asset services, including trading, custody and
advisory services
In addition, it can provide guidance on risk management, regulatory...