OSL Group will actively work with licensed stablecoin issuers in Hong Kong.

OSL Group Welcomes Hong Kong's First Stablecoin Licenses

Global stablecoin payment and trading platform OSL Group (863.HK) welcomed the HKMA's issuance of the first batch of stablecoin issuer licenses under the Stablecoins Ordinance. The company said it will continue to work closely with all stakeholders and actively participate in building Hong Kong's compliant stablecoin ecosystem.

An OSL Group spokesperson called the HKMA's formal licensing of compliant stablecoin issuers a major positive for Hong Kong's digital asset industry. The group plans to leverage its strengths in distribution, liquidity, and infrastructure, collaborating with issuers and other stakeholders to drive real-world applications and help build out Hong Kong's compliant stablecoin ecosystem.