DBS Bank becomes OSL's fiat currency settlement bank for Hong Kong business.

CoinFeed, June 4th – According to official news, OSL Group (HKEX:863), a global stablecoin payment and trading platform, announced today that DBS Bank has become the fiat currency settlement bank for OSL's Hong Kong operations and has opened an account for OSL Digital Securities, OSL Group's licensed entity in Hong Kong. DBS is a market-leading financial services group with a broad and solid business foundation in corporate and institutional banking services. Connecting with DBS will further strengthen OSL's compliant banking network and enhance its customer service capabilities. With the continued increase in institutional clients' demand for digital asset services, this collaboration will help OSL serve a more diversified customer base and business scenarios. In the future, OSL Group will continue to enhance its digital asset service capabilities, working with clients and partners to jointly promote the sound development of Hong Kong's compliant digital asset ecosystem.