🚀 Hong Kong Brokerages Advance in Virtual Asset Licensing
#HongKong #Brokerages #VirtualAssets #Cryptocurrency #Licensing #VictorySecurities #EddieSecurities #Type1License #StockMarket #Finance
According to BlockBeats, Hong Kong's Victory Securities (08540.HK) saw a significant increase in its stock price, rising over 130% to a current quote of 8.6 HKD.
Industry insiders involved in virtual asset license applications and system integrations have disclosed that several local brokerages, including Victory Securities and Eddie Securities, have completed their Type 1 license upgrades. This development suggests that these brokerages may soon be authorized to offer cryptocurrency and other virtual asset trading services, similar to Guotai Junan International.#HongKong #Brokerages #VirtualAssets #Cryptocurrency #Licensing #VictorySecurities #EddieSecurities #Type1License #StockMarket #Finance
🚀 Yunfeng Financial Sees Significant Stock Surge Following Regulatory Approval
#YunfengFinancial #HongKongListed #StockSurge #SFC #Type1License #VirtualAssetTrading #RegulatoryApproval
According to Foresight News, Yunfeng Financial, a Hong Kong-listed company, experienced a notable increase in its stock price, rising over 9% during trading hours. The current price is reported at 5.9 Hong Kong dollars.
Previously, Foresight News reported, citing Jinshi, that Yunfeng Financial received approval from the Securities and Futures Commission (SFC) to upgrade its existing Type 1 (securities trading) regulated activity license. This upgrade allows the company to offer virtual asset trading services under the arrangement of opening comprehensive accounts on licensed platforms regulated by the SFC.#YunfengFinancial #HongKongListed #StockSurge #SFC #Type1License #VirtualAssetTrading #RegulatoryApproval
🚀 Alchemy Pay and HTF Securities Collaborate on License Upgrade
#AlchemyPay #HTFSecurities #cryptocurrency #payment #HongKongSFC #virtualassets #licenseupgrade #Type4License #Type1License #Type9License #ACH
Alchemy Pay, a cryptocurrency payment company, has partnered with HTF Securities Limited, a licensed entity under the Hong Kong Securities and Futures Commission (SFC), to complete an upgrade of the SFC's Type 4 license for virtual assets. According to Foresight News, this development builds on Alchemy Pay's previous strategic investment in HTF Securities. The two companies will also collaborate on applications for upgrading the virtual asset business under Type 1 and Type 9 licenses.#AlchemyPay #HTFSecurities #cryptocurrency #payment #HongKongSFC #virtualassets #licenseupgrade #Type4License #Type1License #Type9License #ACH