Bitcoin News Today: CMBI Launches 24/7 Crypto Trading in Hong Kong with BTC ETH USDT

CMB International Securities (CMBI), a subsidiary of China Merchants Bank, has launched 24/7 virtual asset trading services in Hong Kong, marking a pivotal moment in the integration of digital assets into traditional financial infrastructure [1]. The new platform enables qualified investors to trade Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) at any time of the day through the CMBI mobile app [1]. This initiative positions CMBI as the first securities unit of a Chinese bank to secure a license for crypto trading in the region [1].

The move reflects growing institutional confidence in digital assets and supports Hong Kong’s evolving role as a regulated cryptocurrency trading hub [1]. CMBI emphasized a cautious and structured approach, beginning with three major tokens and planning gradual expansion of its offerings [1]. This measured entry aligns with broader trends of traditional financial institutions entering the crypto space while maintaining a strong focus on compliance and risk management [1].

By introducing round-the-clock trading, CMBI is addressing the demand for greater flexibility and accessibility in the digital asset market [1]. The firm’s emphasis on compliance and investor safety also underscores its alignment with Hong Kong’s regulatory framework, which seeks to foster innovation without compromising stability [1]. This development is expected to enhance the credibility of virtual asset markets and encourage further institutional participation in the region [1].

China Merchants Bank, the world’s eighth-largest bank, is leveraging its subsidiary to support digital financial innovation [1]. CMBI’s entry into the crypto market not only reflects the bank’s long-term commitment to digital assets but also highlights its strategic vision for bridging traditional finance with modern digital infrastructure [1]. As regulatory scrutiny of crypto markets continues to evolve globally, the firm’s approach provides a model for compliance-driven expansion [1].

The launch reinforces the broader trend of traditional financial players adapting to the growing demand for digital asset services [1]. With this offering, CMBI is catering to both institutional and retail investors, providing secure access to major crypto assets and setting a precedent for future developments in the region [1].

Source:

[1] CMB International Launches 24/7 BTC, ETH, USDT Trading in Hong Kong (https://coinfomania.com/cmb-international-launches-24-7-btc-eth-usdt-trading-in-hong-kong/)