Hong Kong’s OSL, the First Licensed Crypto Exchange, Sets Sights on Global Domination and Stablecoin Revolution

Hong Kong’s trailblazing crypto exchange OSL—already crowned as the first fully licensed platform in the city—is doubling down on its ambitions. Fresh off regulatory approval, the firm now eyes global expansion and a bold push into stablecoins.

Breaking borders, building trust

With its regulatory mojo secured, OSL plans to leverage its Hong Kong credentials to crack untapped markets. No more wild west narratives—this is institutional-grade crypto with a compliance-first playbook.

The stablecoin gambit

Sources hint at a proprietary stablecoin project, potentially positioning OSL as both marketplace and mint. Because what’s better than trading crypto? Printing your own—with regulators’ blessing, of course.

While rivals scramble for licenses, OSL’s first-mover advantage could rewrite Asia’s crypto hierarchy. Just don’t call it a comeback—traditional finance never saw this flanking maneuver coming.

Will Hong Kong’s OSL join the stablecoin race?

Although it is still unknown whether the firm has plans to register for a stablecoin issuer license, joining a list of regional companies like JD.com and Animoca Group’s joint partnership with Standard Chartered and Telecom, the exchange’s executive has hinted at expansions into stablecoin payment through the global expansion.

In an interview with Bloomberg, chief financial officer of the publicly-listed OSL Group, Ivan Wong said that the regulatory environment in Hong Kong has made the firm more certain in its plans to expand its business reach beyond the borders, particularly in terms of stablecoins.

“The funding will accelerate our global buildout — particularly in regulated stablecoin infrastructure and compliant payment rails,” said Wong in his statement.

According to OSL’s observations, Wong stated that there is “strong participation from Asian and international financial institutions and investors,” specifically in the growing adoption of digital assets. Some of the joiners even include sovereign wealth funds and large hedge funds.