Luhua Securities plans to apply for a Hong Kong virtual asset trading license and introduce stablecoin payment and settlement business

Odaily Planet Daily News: Luhua Securities announced that it will cooperate with Hong Kong-listed company Qianxun Technology to promote the application of Hong Kong virtual asset trading licenses, and expand new business areas in RWA business innovation and the settlement application of Hong Kong stablecoins in the second-hand 3C electronic product trade. At the same time, it will introduce Hong Kong stablecoins as a settlement and payment tool to optimize the payment process and reduce cross-border payment costs and exchange rate risks.