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Hong Kong SFC Agrees in Principle to License Fidelity Backed OSL Crypto Firm
Hong Kong’s Securities and Futures Commission (SFC) has agreed in principle to license the cryptocurrency firm OSL Digital Securities.
Hong Kong-Based OSL Digital Securities Receives License Uplift to Enable Retail Trading of Bitcoin and Ethereum
OSL Digital Securities Limited ("OSL Digital Securities"), a wholly-owned subsidiary of BC Technology Group Limited (Stock Code: 863), has been granted an uplift to its existing license by the Securities and Futures Commission (SFC) of Hong Kong.
Former Twitter CEO Parag Agrawal's AI Startup Raises $30 Million
Ex-Twitter CEO Parag Agrawal's new AI startup secures $30 million in funding, focusing on software for large language model developers. Backed by prominent investors, the venture reflects Agrawal's shift from social media to AI innovation.
BC Technology Group Shares Drop 30%, Company Clarifies OSL Sale Rumor
BC Technology Group Limited refutes rumors of considering selling its virtual asset trading platform, OSL, following a Bloomberg report, amidst a significant drop in its share prices on 17 October 2023. The company clarified there's no ongoing negotiation or consideration regarding the OSL sale, urging investors to exercise caution.
Hong Kong SFC Finalizes Regulatory Framework for Virtual Asset Trading Platforms
The Securities and Futures Commission (SFC) of Hong Kong concluded a consultation period today, revealing the finalized regulatory requirements for operators of virtual asset trading platforms licensed by the SFC.
UBS and OSL Pioneer Hong Kong's First Ethereum Tokenized Warrant
UBS AG, in collaboration with OSL Digital Securities, introduces Hong Kong's first tokenized warrant on the Ethereum blockchain, marking a landmark moment in financial innovation and blockchain adoption.
Hong Kong to Release Cryptocurrency Exchange Licensing Guidelines
The Hong Kong Securities Futures Commission (SFC) plans to release guidelines for cryptocurrency exchange licensing next month, in support of trading services to retail investors by June 1. AML/KYC regulatory requirements were key considerations in the consultation process. Some trading platforms have already received licenses, while others have chosen to cease operations.
Interactive Brokers Taps OSL To Offer Digital Assets Services in Hong Kong
Interactive Brokers is working with OSL Digital Securities to expand the use of virtual assets dealing services in Hong Kong, witnessing investors' growing interest in exploring opportunities in investing in crypto-assets.
BC Technology Group Halts Trading Amid Notifiable Transaction
BC Technology Group Limited halted trading on Hong Kong Stock Exchange due to pending announcement about potential sale of crypto platform OSL, valued at $128 million.
Hong Kong Sets 50% Insurance Mandate for Crypto Exchanges
Hong Kong's SFC mandates 50% insurance coverage for licensed crypto exchanges, with OSL and HashKey Exchange leading compliance by securing extensive insurance policies for customer asset protection.
Top 8 Credible Blockchain News Websites That Are Worth Reading in 2020
You might be familiar with the term “blockchain” if, during the recent years, you have been using cryptocurrency. Yet, if you search about it, you may find different definitions. We bring you one simple version: blockchain is a list of records, also known as a database or a” public book” that records bitcoin transactions.
Hong Kong Blockchain Ecosystem Feb 2020 - New Members
Hong Kong Blockchain Ecosystem Feb 2020 - New Members
Hong Kong Crypto Exchange OSL Opens Institutions Investment in Security Tokens
OSL offers sales of security tokens to institutional investors after receiving a Type 1 license from the SFC. The offerings enable investors to own digital assets pegged to financial assets indirectly.
Hong Kong’s OSL and US-Based Abra Become the Latest Crypto Firms to Announce Layoffs
OSL and Abra have announced job cuts as they grapple with slowing growth triggered by harsh reality facing the crypto market.
Bitcoin Eyes $50,000 in the Long Term as Its Battle with Gold for Best Safe-Haven Asset Continues
Crypto exchange Luno and brokerage OSL believe that Bitcoin is still in the right trajectory and is set to hit $50,000 in the long term.
100,000 Bitcoin Options Scheduled to Expire in Two-Days Time, Indicating a Potential Price Plummet to $28,000
Data reveals that 100,000 BTC options are scheduled to expire on crypto exchange Deribit in two days, potentially driving Bitcoin price down to $28,000.
Bitcoin Aggregate Spot Orderbook is Stacked, says Crypto Analyst
Onchain and crypto analyst Cole Garner has noted that the current price correction shouldn’t raise eyebrows because BTC’s aggregate spot order book is stacked, and this is a bullish signal
Ripple XRP Crashes by 40% as Crypto Exchanges Halt XRP Trading
Cryptocurrency XRP has tanked by 40% following the US Securities and Exchange Commission’s lawsuit against Ripple, with over
List of Crypto Exchanges to Delist XRP Grows, as Bitstamp Halts XRP Trading
XRP’s price has been trading at lows of $0.28 and will likely plummet further as more and more crypto exchanges delist it.
US SEC Releases Guidelines for Digital Asset Securities as Exchanges Scramble to Delist XRP
US Securities and Exchange Commission (SEC) has issued a statement to indicate that it is open to comment from the crypto industry regarding digital asset securities.
Binance US Joins Exchanges to Delist XRP Token as Price Downfall Dubbed "Third Largest Collapse of All Time"
Binance US has joined the growing list of cryptocurrency exchanges to announce that they will be delisting XRP.
Bitcoin Price Hits Another All-Time High Over $29,000 and Quadrupled In Value in 2020
On the last day of 2020, Bitcoin jumped to a new record high of above $29,000, after the cryptocurrency quadrupled in value during 2020.
Bitcoin Hits A New Record High Of Over $37,000 As Wild Price Swing Resumes
Despite wild price swings set in, Bitcoin seems to continue marching higher. The crypto surged to fresh new heights on Wednesday, January 6, hitting above $36,000.
XRP Money Flows Into Bitcoin Fueling Parabolic Christmas Price Surge, Is $30,000 BTC Price Next?
Bitcoin (BTC) price has been on a parabolic bull run since the lead up to Christmas, adding over 50% to its value. But what is driving the price and is $30,000 next?
Coinbase to Suspend XRP Token Trading in January as SEC Sues Ripple
Coinbase cryptocurrency exchange will delist XRP, following the US Securities and Exchange Commission (SEC)’s lawsuit against Ripple.