Alchemy Pay has obtained Hong Kong licenses 1, 4, and 9, which will promote the upgrade of cryptocurrency compliance licenses

ChainCatcher news, the cryptocurrency payment company Alchemy Pay announced a strategic investment in the Hong Kong securities firm HTF Securities Limited (Central Number: BNO909). HTF Securities is a licensed company approved by the Hong Kong Securities and Futures Commission, having obtained licenses for Type 1 (Securities Trading), Type 4 (Securities Advisory), and Type 9 (Asset Management).

It is reported that both parties will cooperate to promote the upgrade application for virtual asset business under Type 1, 4, and 9 licenses, accelerating the compliance process for cryptocurrencies.