Victory Securities blocks mainland China access to crypto trading
Victory Securities has completed a staged restriction campaign and on Feb 10, 2026 permanently disabled both purchasing and deposit functions for users in mainland China, effectively cutting them off from trading on the platform. The company had been narrowing services for months before making the change final; it has not published a detailed public explanation tied to this latest step.
The move matters because it removes a direct on-ramp for mainland retail and could push affected users toward peer-to-peer venues, offshore brokers, or custodial workarounds, with potential implications for liquidity and compliance risk across regional markets. Market watchers will be watching whether other firms follow suit or clarify access policies as regulators continue to influence how platforms serve Chinese customers.