Alchemy Pay expands Hong Kong license to include crypto services

Alchemy Pay (ACH) announced it has received approval to expand its Type 1 license from the Hong Kong Securities and Futures Commission (SFC) to include virtual asset trading services, in partnership with SFC-licensed brokerage HTF Securities. The company stated that with this expansion, it plans to establish Hong Kong as a central hub to further strengthen the link between traditional finance and digital assets and to grow its influence in the Asian financial market.