Victory Securities has become the first licensed corporation in Hong Kong to trade in cryptocurrency. The company has received approval from the Securities and Futures Commission (SFC) to provide virtual asset trading and advisory services to retail investors. This milestone marks a significant development in Hong Kong’s crypto industry.
Strategic Initiatives Unveiled by Victory Securities
Mr. Chen Peiquan, Executive Director of Victory Securities, expressed his excitement about this achievement. He stated that the company is delighted to be recognized by the SFC as the “first” in this transformative journey. The recent crypto regulations in China have paved the way for this remarkable step.
Victory Securities plans to leverage its extensive business experience to expand investor choices in compliant investments. The company aims to introduce various promotions to encourage new customers to opt for secure virtual asset trading services.
The “Buying Stocks, Buying Coins, Equally Simple” Plan
One of the key initiatives introduced by Victory Securities is the “Buying Stocks, Buying Coins, Equally Simple” plan. This plan allows customers to seamlessly integrate virtual assets and securities services through the company’s unique trading platform.
In addition to facilitating virtual asset trading, Victory Securities aims to connect traditional finance with virtual assets, offering flexible options for asset allocation. The company also plans to provide investment advice on virtual assets and publish research reports for general investors.
With a focus on investor education, Victory Securities aims to raise awareness of virtual assets and promote their widespread adoption. The company also intends to collaborate with regulatory authorities to build Hong Kong into a stable and secure virtual asset trading center.
Hot Take: Victory Securities Leads the Way in Hong Kong’s Crypto Industry
Victory Securities has achieved a significant milestone as the first licensed corporation in Hong Kong to trade in cryptocurrency. This accomplishment positions the company as a leader in shaping Hong Kong’s crypto industry. With strategic initiatives and a focus on investor education, Victory Securities aims to expand investor choices, connect traditional finance with virtual assets, and contribute to the growth of a stable and secure virtual asset trading center in Hong Kong.
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