CMB International launches cryptocurrency trading in Hong Kong
On 18 August 2025, the company became the first among Chinese banks that work with securities to officially receive permission from Hong Kong to trade digital assets.
Bitcoin (BTC), Ethereum (ETH) and Tether (USDT) are now available in the app. Trading is available around the clock, and customers undergo standard identity and source of funds verification directly through the app.
The service operates under licences issued by the Hong Kong regulator SFC and complies with local regulations. Security is provided by cold wallets for storing cryptocurrency, a risk control system and independent auditing. Technical support and liquidity are provided by partner OKX Planet.
The launch of the platform strengthens the bank's position in Hong Kong and supports the city's plans to become a global centre for digital assets. CMB International customers can now invest not only in traditional financial instruments but also in cryptocurrency, which is particularly interesting for large investors.
Experts note that this move may prompt other Chinese banks to launch similar services. With the new stablecoin law coming into force, competition is expected to increase, especially in projects where tokens are pegged to the Hong Kong dollar.
Regulators emphasise that innovation is important, but safety and investor protection rules remain paramount. Lawyers remind residents of mainland China to be cautious due to the ban on cryptocurrencies in force there.
Thus, CMB International has shown how a traditional bank can integrate into the digital asset market, opening a new page in the development of Hong Kong's financial sector.
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