Alchemy Pay, the renowned fiat-crypto payment gateway, has disclosed a key regulatory landmark in collaboration with HTF Securities Limited of Hong Kong. In this respect, both HTF Securities Limited and Alchemy Pay have effectively obtained an SFC Type 1 license upgrade. As per Alchemy Pay’s official press release, the upgrade permits the entities to deal in securities, including trading services for virtual assets. Hence, the development fortifies Alchemy Pay’s Hong Kong market exposure with the provision of services for retail and professional investors.

Alchemy Pay Receives Upgrade to SFC Type 1 License for Virtual Asset Trading Services

The upgrade of Alchemy Pay’s SFC Type 1 license permits it to seamlessly deal in…