JPMorgan Securities Submits Application to Hong Kong Securities and Futures Commission for Virtual Asset Service License

BlockBeats News, July 27th, Fusang Financial announced that its indirect wholly-owned subsidiary, Fusang Securities Limited, submitted an application to the Securities and Futures Commission of Hong Kong on July 25, 2025. The application aims to obtain a Type 1 (Securities Trading) regulated activity license under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) to provide virtual asset trading and/or advisory services as an intermediary. (Sohu Finance)