KYFC International: is considering setting up investment opportunities and services involving cryptocurrency licensing licences under regulation

Gold Finance reported that Kingkey Financial International announced on the Hong Kong Stock Exchange that the company is considering the establishment of investment opportunities and services under the regulation of cryptocurrency licensing licences. The Group is currently working on an investment plan with Amber Group for the Group's Bitcoin and other major cryptocurrency investment products. The investment plan will be reviewed and approved by the Investment Committee in light of the market conditions and the overall financial position of the Group, and subsequently implemented by the Board. It is expected that the relevant investment plan will be funded by the Group's existing cash reserves. The Board believes that cryptocurrencies have great potential to disrupt the investment and financial services industry.