After driving away the mainstream exchanges, Hong Kong has started to accelerate again?
According to reports, brokerages such as Victory Securities, Tiger Securities, and Interactive Brokers have begun to deploy virtual asset trading services such as Bitcoin. Investors can trade virtual assets such as Bitcoin on the brokerage's APP. Some brokerages said that income related to virtual assets may account for about a quarter of the company's income.
If this is really rolled out, the effect will be more imaginative than a pure virtual currency exchange, which is equivalent to breaking the circle. Investors who open an account can easily trade virtual currencies.
What is uncertain at present is the threshold for traders and the scope of transactions. It should not be for all investors. The trading varieties may also be limited to a small number of mainstream products, and even only $BTC and $ETH , $SOL may not be qualified, after all, spot ETFs only support two currencies.
But taking a step back, no matter what, this is good news.