Guotai Junan International has recently been approved by the Hong Kong Securities and Futures Commission to upgrade its existing securities trading license to provide virtual asset trading services and provide opinions on the basis of providing virtual asset trading services. After the license upgrade, customers will be able to directly trade virtual assets such as cryptocurrencies (such as Bitcoin, Ethereum, etc.) and stablecoins (such as Tether, etc.) on the Guotai Junan International platform. So far, Guotai Junan International has become the first Chinese brokerage firm in Hong Kong that can provide a full range of virtual asset-related trading services, covering the provision of virtual asset trading services, providing opinions in the process of virtual asset trading services, and issuing and distributing virtual asset-related products including over-the-counter derivatives.