SINOHOPE Technology launches the "Hong Kong VASP Licensing Guardian Program" to help licensing institutions seize market opportunities

ChainCatcher news, New Fire Technology Holdings Limited (referred to as "New Fire Technology", stock code: 1611.HK) SINOHOPE announced the official launch of the "Hong Kong VASP Licensing Guardian Program", aimed at providing IT system-level infrastructure convenience for institutions and enterprises intending to apply for a Hong Kong Virtual Asset Service Provider (VASP) license.

Based on its own experience in business and compliance, the "Hong Kong VASP Licensing Guardian Program" launched by New Fire Technology can provide clients with consulting services related to the processes and business frameworks for establishing a Hong Kong Trust or Company Service Provider (TCSP) license, helping more institutions to conduct compliant virtual currency and Web3 businesses in Hong Kong, seizing the opportunity in this emerging market.

It is reported that the customized solution can be implemented in just 2 to 3 weeks of integration. For trading platforms, by adopting this solution, the business department can initially focus on running the core trading business without diverting attention to researching marginal business logic, directly using the default configurations recommended by the risk control and wallet modules.