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Lu Hua Securities Plans to Apply for Hong Kong Virtual Asset Trading License and Introduce Stablecoin Payment Settlement Business

Summary: According to reports, Lu Hua Securities announced a partnership with Hong Kong-listed company Qianxun Technology to advance the application for a Hong Kong virtual asset trading license. They will also expand into new business areas related to RWA business innovation and the settlement application of Hong Kong stablecoins in the trade of second-hand 3C electronic ...

According to reports, Lu Hua Securities announced a partnership with Hong Kong-listed company Qianxun Technology to advance the application for a Hong Kong virtual asset trading license. They will also expand into new business areas related to RWA business innovation and the settlement application of Hong Kong stablecoins in the trade of second-hand 3C electronic products. Additionally, they will introduce Hong Kong stablecoins as a settlement payment tool to optimize payment processes, reduce cross-border payment costs, and exchange rate risks.

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Link: Lu Hua Securities Plans to Apply for Hong Kong Virtual Asset Trading License and Introduce Stablecoin Payment Settlement Business [Copy]

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