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New Fire Technology Expands OTC Trading Services for Virtual Assets to Professional Investors in Hong Kong in Compliance with Stablecoin Regulations
Summary: According to Techub News, the Hong Kong-listed company New Fire Technology Holdings Limited has started offering over-the-counter (OTC) trading services for virtual assets such as USDT and USDC to qualified professional investors in Hong Kong, in accordance with the Stablecoin Regulations. Under Article 9 of the Stablecoin Regulations, only recognized providers are allowed to offer ...
According to Techub News, the Hong Kong-listed company New Fire Technology Holdings Limited has started offering over-the-counter (OTC) trading services for virtual assets such as USDT and USDC to qualified professional investors in Hong Kong, in accordance with the Stablecoin Regulations. Under Article 9 of the Stablecoin Regulations, only recognized providers are allowed to offer specified stablecoins, including institutions holding a Type 1 license from the Securities and Futures Commission of Hong Kong. Public records indicate that New Fire Technology's subsidiary, New Fire Asset Management (Hong Kong) Limited, holds Type 1, 4, and 9 licenses.
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Link: New Fire Technology Expands OTC Trading Services for Virtual Assets to Professional Investors in Hong Kong in Compliance with Stablecoin Regulations [Copy]
