Hong Kong’s first licensed digital asset exchange officially launched

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On March 15, it was reported that OSL digital Securities Limited (OSL DS), a member of BC Technology Group (Stock Code: 863), announced that OSL licensed digital asset exchange was officially launched and the first customer transaction had been completed through the licensed trading platform.
OSL DS obtained the virtual assets (digital assets) license (regulated activities of category 1 (securities trading) and category 7 (provision of automated trading services) issued by the SFC on December 15, 2020. It is reported that OSL is the first digital asset exchange in Hong Kong to conduct compliant licensed trading.
Wayne trench, chief executive of OSL, said: “now that Hong Kong can safely trade and store digital assets such as bitcoin, with the supervision of the world’s leading regulators, it is also an important milestone in the process of global institutions accepting digital assets.”