PANews reported on December 22 that, according to the Hong Kong Economic Journal, Victory Securities announced that, starting December 19 , it will implement a "no-buy" restriction on virtual asset accounts identified by its system as originating from "Mainland China" IP addresses. This move is in response to recent measures to strengthen the regulation of virtual asset trading in mainland China, aiming to close loopholes in trading using mainland IP addresses. This arrangement also applies to Hong Kong clients using mainland IP addresses. Further details regarding the restrictions on selling or withdrawals and their scope are not yet available.