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OSL Group will actively collaborate with licensed stablecoin issuers in Hong Kong to jointly build a compliant new digital asset ecosystem.
ME News Report, April 10 (UTC+8), the stablecoin payment and trading platform OSL Group (863.HK) announced today that they welcome the Hong Kong Monetary Authority’s issuance of the first batch of stablecoin issuer licenses under the Stablecoin Ordinance, and will continue to work closely with all stakeholders to actively participate in the construction of a compliant stablecoin ecosystem in Hong Kong. An OSL Group spokesperson stated that the official granting of a compliant stablecoin issuer license by the Hong Kong Monetary Authority is a significant positive development for the entire Hong Kong digital asset industry. OSL Group will leverage its advantages in distribution, liquidity, and infrastructure, actively collaborate with issuers and other stakeholders, promote the implementation of related products and application scenarios, and build a compliant stablecoin ecosystem in Hong Kong. (Source: Foresight News)