The Hong Kong Securities and Futures Commission has granted Guotai Junan Securities the approval for virtual-asset trading, allowing them to offer access to prominent cryptocurrencies like Bitcoin and Ethereum.
Following the announcement, Guotai Junan International’s stock soared by nearly 200%, reflecting investor confidence in the new trading capabilities.
Experts forecast that more mainland brokerages will seek similar licenses due to favorable regulatory conditions, further enriching Hong Kong’s financial ecosystem.
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