Alchemy Pay announced that, together with HTF Securities, it has successfully uplifted HTF’s Hong Kong SFC Type 1 Dealing in Securities license, expanding the firm’s ability to deliver crypto-related regulated services in the market. The milestone was published through Alchemy Pay’s official news channel.
The move deepens the pair’s regulated footprint in Hong Kong and extends a licensing structure that already positioned HTF Securities inside the city’s securities framework. In practical terms, the upgrade strengthens the bridge between traditional financial permissions and digital asset activity, giving the partnership a broader base for compliant market access.
The next point to watch is how quickly Alchemy Pay and HTF turn that broader authorization into live product and service rollout. For market participants, the key issue is whether this expanded Type 1 scope becomes a meaningful step toward a fuller institutional crypto offering in Hong Kong under the SFC’s licensing regime.
Source: Alchemy Pay.
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