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Guotai Junan International has officially been approved to provide trading services for virtual assets such as Cryptocurrency.
On June 25th, Jinshi Data reported that on June 24th, Guotai Haitong Group's subsidiary, Guotai Junan International Holdings Limited, officially obtained approval from the Hong Kong Securities and Futures Commission to upgrade its existing securities trading license to provide virtual asset trading services, as well as advisory services based on providing virtual asset trading services. After this license upgrade, clients will be able to directly trade Cryptocurrencies (such as Bitcoin, Ethereum, etc.), stablecoins (such as Tether, etc.), and other virtual assets on the Guotai Junan International platform. Guotai Junan International has become the first Hong Kong-based Chinese-funded securities firm to provide comprehensive virtual asset-related trading services, covering the provision of virtual asset trading services, advisory services during virtual asset trading, and the issuance, distribution of virtual asset-related products including OTC derivatives.