Wu said that Xinhuo Technology Holdings disclosed in the announcement that it is expected to invest approximately $12 million in the next two years to apply for the Hong Kong Virtual Asset Trading Platform (VATP) license. The company has developed a dual path strategy, either directly applying for a VATP license or obtaining a VASP license before applying. The company also evaluates accelerating its layout by acquiring Hong Kong's submitted or licensed platforms to strengthen its compliance foundation and customer service capabilities. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=46927