According to BlockBeats, on September 28, New Fire Technology Holdings Co., Ltd. (referred to as "New Fire Technology", stock code: 1611.HK) announced the official upgrade of its "Hong Kong VASP License Guardian Program". The new program will help applicants focus more on solving key privatization issues in the VASP license application process, greatly improve application efficiency, and provide more comprehensive and convenient services for institutions and companies applying for Hong Kong Virtual Asset Service Provider (VASP) licenses.
Since the official launch of the "Hong Kong VASP License Application Guardian Program" in October 2023, Xinhuo Technology has provided consulting and advice on building processes and business frameworks related to Hong Kong Trust or Company Service Provider (TCSP) licenses to multiple institutions and companies applying for Hong Kong Virtual Asset Service Provider (VASP) licenses based on its own business and compliance experience. It has also output industry-leading basic technology architecture solutions to help multiple institutions conduct virtual currency and Web3 businesses in compliance in Hong Kong.
