According to Wu Blockchain and Techub News, Hong Kong-listed company New Huo Technology Holdings Limited has started offering certain virtual asset over-the-counter (OTC) trading services for professional investors in Hong Kong under the Stablecoin Ordinance. These services include OTC trading for tokens like USDT and USDC, available to qualified professional investors. As per Article 9 of the Stablecoin Ordinance, only 'licensed providers' are allowed to offer designated stablecoins, which includes institutions holding a Type 1 license from the Hong Kong Securities and Futures Commission (SFC). Public records show that New Huo Asset Management (Hong Kong) Limited, a subsidiary of New Huo Technology, holds Type 1, 4, and 9 licenses. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=51040