Luhua Securities plans to apply for a virtual asset trading license in Hong Kong and introduce stablecoin payment and settlement services
2025-07-12 03:48:20
Luhua Securities announced that it will cooperate with Qianxun Technology, a Hong Kong-listed company, to advance the application for a virtual asset trading license in Hong Kong, and explore new business territory in the areas related to RWA business innovation and the settlement application of Hong Kong stablecoins in the trade of second-hand 3C electronic products. At the same time, Hong Kong stablecoins are introduced as settlement and payment tools to optimize payment processes and reduce cross-border transfer costs and exchange rate risks.
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