Mainland China users have been cut off from trading services on the Victory Securities platform. Functions of buying and deposits have been permanently disabled following months of gradual decline. 

Despite the cut-off, Victory Securities clarified that withdrawals will remain open to allow the affected users to recover their existing assets.

Victory Securities blocks mainland trading functions

Victory Securities, a licensed broker in Hong Kong, has completed the final step in its multi-phase plan to distance its digital asset services from the Mainland Chinese market.

The firm announced that users identified as Mainland Chinese residents can no longer use the platform to buy or trade virtual currencies. Victory Securities…