(Hong Kong, 19 Apr 2024) – OSL Digital Securities (“OSL”), the digital asset platform of OSL Group (863.HK) – Hong Kong’s only publicly listed company fully dedicated to digital assets – is the first to be granted a licence under the Anti-Money Laundering and Counter-Terrorist Financing (“AMLO”) by Securities and Futures Commission Hong Kong (“SFC”). This vital achievement emphasises OSL's ongoing efforts to embrace regulation, enhancing the security and credibility of the digital asset space.
As the first digital asset platform licensed in Hong Kong, and now embarking on its fourth year of compliance and operational excellence, OSL has consistently upheld the highest regulatory and compliance standards in Hong Kong. This AMLO licence marks a key milestone in OSL’s mission to lead and innovate within the regulated digital assets market.
"OSL has always prioritised compliance with evolving regulatory standards. Securing this licence now aligns with our strategic growth and the maturing market landscape, ensuring we continue to meet our users' needs with enhanced security and trust. This timing not only reflects our foresight in adapting to regulatory changes but also reinforces our commitment to setting industry benchmarks for safety and reliability," said Patrick Pan, Chairman of the Board & CEO of OSL. "With the imminent launch of the first spot Bitcoin and Ether ETFs from our partners China Asset Management (Hong Kong) and Harvest Global Investments, OSL’s AMLO licence granted today is a further testament to our commitment and unique abilities to meet the highest expectations and requirements of our institutional partners."
As Hong Kong's sole publicly listed company entirely devoted to digital assets, OSL Group (863.HK) solidifies its strategic market position through comprehensive regulatory compliance and extensive operational experience, complemented by a reputable market standing and a successful SOC 2 Type 2 audit. These attributes, combined with OSL’s dynamic B2B2C model and institutional-grade services, position OSL not merely as a participant but as a leader in shaping the future of digital asset investments in Hong Kong.
About OSL Hong Kong
As a subsidiary of the publicly listed OSL Group (HKEX: 863.HK), OSL Digital Securities is Hong Kong’s first and most established SFC-licensed and insured digital asset platform. Operating since 2018, the platform provides institutional-grade digital asset services to corporations, financial institutions, professional and retail investors.
OSL Hong Kong delivers services across five core domains: OTC brokerage, Omnibus broker solutions, custody, wealth management, and retail services. The OTC brokerage services provide 24/7 high-liquidity crypto trading with fiat on/off-ramp services. Custody solutions feature client-asset segregated wallet management backed by US$1 billion insurance coverage. The wealth management suite offers crypto investments to traditional investors, including tokenised treasuries, RWAs, structured crypto products, and quant investment strategies. Retail services bring institution-grade security and crypto access to professional and retail investors.
As a pioneer in bridging traditional finance and the digital asset economy, OSL Group adheres to its core concept: Open, Secure, and Licensed, empowering the next generation of global financial infrastructure. In addition to Hong Kong, OSL Group expands operations under full regulatory compliance in Japan, Australia, Europe and beyond.
For more information, visit osl.com.
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