Guotai Junan International has received approval from the Hong Kong Securities and Futures Commission to upgrade its securities trading license, enabling it to offer virtual asset trading services. This makes it the first Chinese brokerage in Hong Kong to provide comprehensive cryptocurrency services, including trading of Bitcoin, Ethereum, and stablecoins like Tether. The firm will also offer consulting and product issuance related to virtual assets. This move aligns with Guotai Junan's strategy to expand its virtual asset business and support Hong Kong's development as an international virtual asset hub.