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Global Reach, Local Presence: OSL Brasil Files for PSAV Authorization with Brazil's Central Bank

Press Release
Oct 30, 20263 min read
Global Reach, Local Presence: OSL Brasil Files for PSAV Authorization with Brazil's Central Bank

SÃO PAULO, October 30, 2026 - OSL Group (HKEX:863) (OSL), a global stablecoin infrastructure company, today announced that its Brazilian subsidiary, OSL Brasil Sociedade Prestadora de Serviços de Ativos Virtuais Ltda., has applied to the Banco Central do Brasil (BCB) for authorization as a virtual asset service provider (PSAV).

The Brazilian Path: Trust and Security

By applying for PSAV authorization, OSL Brasil commits to the standards the BCB now requires of every virtual asset service provider. For Brazilian customers, that means assets held by a locally regulated entity that must segregate customer funds, maintain minimum capital, run robust anti-money laundering and identification controls, and meet the BCB's cyber security and incident response requirements.

Global Reach, Local Presence

Brazil ranked first worldwide in Chainalysis's 2026 Global Crypto Adoption Index. But from 6 November, BCB-supervised banks may no longer transact with unauthorized providers, and several firms have withdrawn. OSL is moving the other way: incorporating locally and investing in Brazilian rails, banking relationships and team.

Submitting our PSAV licence application is a clear statement of OSL's long-term commitment to Brazil and global open, secure and liquid infrastructure. At OSL, regulation is at the core of who we are, and we're proud to bring our global experience operating in regulated markets to build a safer, more efficient digital asset ecosystem in Brazil.

Juliana FelippeJuliana Felippe Managing Director of OSL Brasil

Regulation as a Foundation

OSL Group was built in one of the world’s most tightly regulated crypto markets. For institutions choosing a long-term partner, that dual standing is the differentiator — backed by regulated operations across Asia, Australia, the United States, Canada and Europe, and more than 50 trading and payment licences held or in progress worldwide.

In its 2026 interim results, OSL reported revenue of approximately US$7.114 billion, up 65.8%, with payments contributing 88%, and transaction volume of about US$21.92 billion, up 241.3%. Frost & Sullivan ranked OSL the world's largest stablecoin payment infrastructure company by B2B stablecoin payment volume in 2025.

About OSL

OSL Group (HKEX: 863) is a global stablecoin infrastructure company that strives to provide compliant and efficient digital financial infrastructure services globally, empowering enterprises, financial institutions and individuals to seamlessly exchange, pay, trade, and settle between fiat and digital currencies. Grounded in the core values of Open, Secure, and Licensed, it is committed to building a more efficient ecosystem that connects global markets and enables instant, seamless and compliant value movement worldwide. For media inquiries, please contact: [email protected]

Disclaimer

This article is for informational purposes only and does not constitute, and shall not be construed as, an offer, solicitation, invitation, recommendation, or inducement to buy, sell, subscribe for, or otherwise deal in any digital assets, securities, or financial products. It does not constitute financial, investment, legal, tax, accounting, or other professional advice and should not be relied upon as such. The views, statements, and information contained herein do not necessarily reflect the official positions or commitments of OSL Group or any of its affiliates. The submission of an application for a PSAV licence/authorization to the Banco Central do Brasil does not guarantee approval, licensing, or successful operational authorization, which remains subject to the final discretion and statutory review of the regulatory authorities. Any descriptions of products, services, promotions, or programmes are for general reference only.Participation in any products, services, or promotions mentioned is subject to applicable terms, conditions, and regulatory requirements. This article may contain forward-looking statements or indicative information. Actual outcomes may differ materially, and OSL Group assumes no obligation to update such information.

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