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Fucai Jinke's Hong Kong subsidiary has launched the VASP and No. 9 license application to expand its virtual asset management business.
[Coin World] According to reports, Fucai Jinke (FTFT.US) today announced that its wholly-owned Hong Kong subsidiary "Fucai International Securities and Futures Limited" has officially signed a委托协议 with a well-known compliance consultant in Hong Kong, entrusting them to apply for a Virtual Asset Service License (VASP) with the Hong Kong Securities and Futures Commission (SFC) based on the company's original holdings of Hong Kong licenses No. 1, 2, and 4, as well as applying for a No. 9 asset management license, with plans to cover both traditional and virtual asset management businesses. The consultant will conduct a detailed review and assessment of the company's business model, Risk Management capabilities, and assist the company in preparing the relevant application materials and business plan to submit to the Hong Kong Securities and Futures Commission.