BlockBeats news, on September 28, Xinhuo Technology Holdings Co., Ltd. (referred to as “Xinhuo Technology”, stock code: 1611.HK) announced the official upgrade of its “Hong Kong VASP License Guardian Plan”. The new plan will help applicants Focus more on solving key privatization issues in the VASP application process, greatly improve application efficiency, and provide more comprehensive and convenient services for institutions and enterprises applying for Hong Kong Virtual Asset Service Provider (VASP) licenses.
Since the official launch of the “Hong Kong VASP License Guardian Program” in October 2023, Xinhuo Technology has provided services for a number of institutions and enterprises applying for Hong Kong Virtual Asset Service Provider (VASP) licenses based on its own business and compliance experience. Established consultation and suggestions on the processes and business framework related to the Hong Kong Trust or Company Service Provider (TCSP) license, and exported industry-leading basic technology architecture solutions to help multiple institutions conduct virtual currency and Web3 businesses in Hong Kong in compliance with regulations.
