Crypto Exchange OSL Applies for HK Digital Asset Retail Trading

June 1, 2023, 6:47 AM UTC

Crypto exchange OSL has applied for retail trading of digital assets with Hong Kong’s SFC, according to a statement on its website.

  • OSL will extend its secured and insured hot and cold wallet infrastructure for the safekeeping of retail client assets
    • It will maintain a stringent cold to hot storage ratio, ensuring 98% of client assets are securely stored in cold storage
  • NOTE: Hong Kong Crypto Ambitions Get Guarded Reception From Companies
  • NOTE: Tuesday, China Crypto Pioneer Warns Hong Kong May Cool on Digital Assets

To contact the reporter on this story:
Olivia Tam in Hong Kong at htam36@bloomberg.net

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