Gate News reports that on March 26, the crypto 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 a Virtual Asset Trading Service license, covering both professional and retail investors. Previously, the two parties had jointly completed the upgrade of the Type 4 license to VA and are currently working on the upgrade application for the Type 9 license. Additionally, Alchemy Pay’s stablecoin payment public chain, Alchemy Chain, went live on its testnet in March this year, with over 150,000 test addresses since launch.
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