Cryptocurrency Analysis and News Portal
International broker Interactive Brokers has partnered with OSL to offer retail customers crypto trading in Hong Kong. American trading giant Interactive Brokers has become the first securities broker in Hong Kong to be approved to allow retail customers to trade crypto. In an effort to expand its services in the city the
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Interactive Brokers, one of the largest brokerage firms in the world, has opened crypto trading for retail clients in Hong Kong.According to the Nov28 announcement, the service is offered in conjunction with OSL, one of the first crypto exchanges to receive a Virtual Asset Service Provider (VASP) in Hong Kong.
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BGX Group will invest 710 million HK in BC Technology Group, the parent company of Hong Kong’s first licensed crypto exchange, OSL. BGX Group, a division of the Bitget exchange, has recently declared its intent to invest in BC Technology Group. This company is notably recognized as the parent corporation of
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BC Technology Group, the operator of Hong Kong’s publicly listed cryptocurrency exchange OSL, has announced a significant investment from industry firm BGX.BC Technology entered into a partnership with BGX, which agreed to subscribe for shares in BC Technology for an investment of about 710 million Hong Kong dollars ($90.1 million),
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OSL exchange’s parent firm has denied reports that its on sale with an estimated valuation of 1 billion Hong Kong dollars ($128 million). BC Technology, the parent firm of Hong Kong-based licensed crypto platform OSL, denied reports that the exchange is up for sale. BC Technology, the parent company of OSL, has
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BC Technology says statements in Bloomberg’s article are ‘factually inaccurate and highly misleading.’ Hong Kong’s BC Technology Group Ltd. has denied recent reports saying that the company is exploring the sale of its licensed crypto platform OSL. In a recent Hong Kong stock exchange filing, the firm said that the “contents and
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Depending on current BC Technology discussions with potential buyers, the company might conclude a sale of all or parts of its OSL exchange. BC Technology Group, the parent company and owner of Hong Kong crypto exchange OSL is looking to sell the exchange. According to a Bloomberg article referencing people familiar with the
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Hong Kong-based digital asset platform OSL Asset Management Limited said it has obtained a license from the local Securities and Futures Commission (SFC) to offer investment products in blockchain, artificial intelligence, and Web3 technologies seen as key to developing the next interactive Internet.See related article: Why DAOs and collective collaboration
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The number of layoffs at the Hong Kong crypto exchange was not specified. Source
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OSL Digital Securities Ltd., which runs a cryptocurrency exchange in Hong Kong, tested a new potential line of business at the end of July when it distributed a so-called tokenized bond on Ethereum, the world’s largest public blockchain.The instrument falls under what are known as “tokenized securities” or a digital
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