according to Hong Kong media Hong Kong Economic Journal, local brokers in Hong Kong have begun tightening regulations on virtual asset investments from the mainland. According to a notice sent by Victory Securities to clients, starting from December 19, 2025, a "buying ban" restriction will be implemented on virtual asset accounts identified by the system as coming from "mainland IP" addresses, a move suspected to close loopholes.
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Victory Securities will implement a "no-buy" restriction on virtual asset accounts identified as having "mainland IP addresses".
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