TechFlow News — According to Jinshi News, during a previous quarterly earnings call, Tiger Brokers CEO Wu Tianhua revealed plans to expand into cryptocurrency. Wu stated that over the past one to two years, digital currencies such as Bitcoin have gradually gained acceptance among certain mainstream institutions as part of their asset allocation. Driven by the mission of "technology empowering better investing," the company intends to offer cryptocurrency-related trading services at an appropriate time to meet investors' diverse trading needs.
Wu added that offering such services will be strictly contingent upon full compliance with legal and regulatory requirements in each jurisdiction. Platforms must meet local regulations for cryptocurrency trading—for example, obtaining an MSB (Money Service Business) license in the U.S. or a PSA (Payment Services Act) license in Singapore. Preparations in these areas are currently underway. However, cryptocurrency services will not be available to users of Chinese nationality; they will only be offered to non-Chinese nationals outside China.
