Big news for cryptocurrency! A company called LTP just got five important licenses in Hong Kong. This is like getting a special permission slip to work with cryptocurrencies legally. It's a big deal because it shows that the government is starting to trust companies that deal in crypto.
- LTP can now help big investors buy and sell cryptocurrencies.
- They got permission to do many things, like giving investment advice.
- This makes LTP the first company of its kind with so many licenses.
License Type | What it means |
---|---|
Type 1 | Buying and selling financial things |
Type 2 | Trading futures (agreements to buy/sell later) |
Type 4 | Giving investment advice |
Type 5 | Giving advice on futures |
Type 9 | Managing investments |