What Does CMB International’s Crypto Trading Mean for Hong Kong?
What is CMB International Securities and its new offering?
CMB International Securities, which is the investment arm of China Merchants Bank, has stepped into uncharted waters by launching a crypto trading platform in Hong Kong. It’s a historic moment as they become the first Chinese bank-affiliated securities firm to roll out such services. The platform has opened its doors to major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), providing regulated trading access around the clock through a mobile app, in line with the needs of a market that never sleeps.
How does the launch of this platform affect the crypto landscape?
This isn’t just a service expansion; it’s a watershed moment for traditional finance…