Svmuu News: Cryptocurrency payment company Alchemy Pay announced that its Hong Kong strategic investment target, HTF Securities Limited, has received approval from the Hong Kong Securities and Futures Commission (SFC) to upgrade its Type 1 (Securities Trading) license to include virtual asset trading services, covering both professional and retail investors.
Previously, the two parties had jointly completed the upgrade of the Type 4 license to include VA services and are currently advancing the application for upgrading the Type 9 license. Additionally, the stablecoin payment public chain Alchemy Chain, launched by Alchemy Pay, went live on testnet in March this year, with test addresses exceeding 150,000 since its launch.