Crypto Exchange OSL Group Raises $300M Ahead of Hong Kong's Stablecoin Regulation Plan
Main Idea
The content provided does not contain any article or substantive information to summarize.
Key Points
Description
Hong Kong-based cryptocurrency exchange OSL Group has raised $300 million in an equity sale . OSL, which was the first exchange to win a license from the Hong Kong Monetary Authority (HKMA), said it will use the new capital to develop new business initiatives, such as building payment and stablecoin services. Hong Kong will start allowing stablecoin issuance under a new regulatory regime taking effect at the start of August . It is in the process of unveiling a range of policies for the regulati...
Latest News
- Clearmatics' New DeFi Derivatives Let Traders Bet on Anything, but It's Not a Prediction Market2025-07-28 10:04:12
- Here is the Bitcoin Price Level That Could be an Attractive Entry Point for BTC Bulls2025-07-28 08:03:09
- Bitcoin Zooms to $120K, ETH Nears $4K as Trump’s EU Tariff Deal Lifts Risk Sentiment2025-07-28 07:14:58
- Volume Surge Fails to Breach Resistance as DOGE Closes Flat at 23-Cents2025-07-28 07:14:44
- XRP Prints Higher Lows, Tests $3.23 Resistance With Heavy Volume2025-07-28 06:02:59