Guangdian Huitong Hong Kong was approved for MSO license and plans to use blockchain and other technologies to improve cross-border fund settlement

PANews reported on October 21 that according to the Securities Times, SMG Huitong (Hong Kong) Co., Ltd., a member company of GVA Express, has officially obtained the Money Service Operator License (MSO License) issued by Hong Kong Customs. It plans to rely on GVA Express’s accumulation of digital technologies such as artificial intelligence, blockchain, and big data to further enhance the intelligence and security level of cross-border fund settlement and foreign exchange business.
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