OSL Group will actively collaborate with licensed stablecoin issuers in Hong Kong to jointly build a new ecosystem of compliant digital assets.

OSL Group (863.HK), a global stablecoin payment and trading platform, said today that it welcomes the Hong Kong Monetary Authority’s issuance of the first batch of stablecoin issuer licenses under the Stablecoin Ordinance, and will continue to work closely with all stakeholders to actively participate in the development of the compliant stablecoin ecosystem in Hong Kong.