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chinese bank crypto trading license
Key Points:* Key Point 1
CMB International’s Historic Crypto Trading License in HK
CMB International Securities Co., Ltd. obtained a virtual asset trading license from the Hong Kong Securities and Futures Commission on July 14, 2025. This marks the first time a Chinese bank-affiliated firm has received such approval.
This licensing could significantly impact the adoption of virtual assets by traditional financial institutions, reflecting broader regulatory efforts by Hong Kong to establish itself as a digital asset hub.
Market Opportunities as Hong Kong Strengthens Its Crypto Hub Status
Did you know? Securing a trading license for virtual assets enhances Hong Kong’s prowess as a digital asset hub, potentially setting a precedent for other regions to follow in regulatory adoption.
According to CoinMarketCap, Ethereum (ETH) is trading at $3,065.48, with a market cap of $370.05 billion as of July 14, 2025. The 24-hour volume surged by 117.48% to $32.36 billion. Recently, the price increased by 2.61% in 24 hours and 88.14% over 90 days, underscoring a robust uptrend.
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