OSL leaps on new Hong Kong rules with crypto exchange license bid

(Reuters) – Hong Kong-based OSL, part of BC Group, said on Thursday it had become the first cryptocurrency firm to apply for a digital asset exchange license from the Securities & Futures Commission (SFC). Hong Kong hosts dozens of cryptocurrency exchanges, including some of the world’s largest, and the SFC on Wednesday published new rules, among the first of their kind, that allow exchanges to opt into regulation.

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