{"id":3788,"date":"2025-07-31T14:17:49","date_gmt":"2025-07-31T14:17:49","guid":{"rendered":"https:\/\/jobuzo.com\/en\/crypto-exchange-osl-sees-optimism-rise-as-hong-kong-enters-stablecoin-era\/"},"modified":"2025-07-31T14:17:49","modified_gmt":"2025-07-31T14:17:49","slug":"crypto-exchange-osl-sees-optimism-rise-as-hong-kong-enters-stablecoin-era","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/crypto-exchange-osl-sees-optimism-rise-as-hong-kong-enters-stablecoin-era\/","title":{"rendered":"Crypto exchange OSL sees optimism rise as Hong Kong enters stablecoin era"},"content":{"rendered":"<div>\n<div datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1xdhyk6 ec74h0k0\" readability=\"9.968253968254\"><span data-qa=\"Component-Text\" class=\"css-0 ef9u0v00\">Hong Kong<\/span>-based <span data-qa=\"Component-Text\" class=\"css-0 ef9u0v00\">OSL Group<\/span>, the city&rsquo;s first listed and licensed virtual-asset trading platform, sees optimism rise in the local market as the <span data-qa=\"Component-Text\" class=\"css-0 ef9u0v00\">stablecoin law<\/span> comes into effect this Friday.<\/div>\n<div data-qa=\"InlineAdSlot-Container\" class=\"css-zl1inp e11v3ui14\">\n<div class=\"e11v3ui10 e11v3ui13 css-y2bwcc e1flwkbl0\" data-qa=\"AdSlot-Container\">\n<p>Advertisement<\/p>\n<\/div>\n<\/div>\n<div datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1xdhyk6 ec74h0k0\" readability=\"9.3670886075949\">That assessment was made by Gary Tiu, executive director and head of regulatory affairs at OSL, at a symposium on Thursday about Hong Kong&rsquo;s <span data-qa=\"Component-Text\" class=\"css-0 ef9u0v00\">stablecoin<\/span> era.<\/div>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">&ldquo;We will continue to build ecosystems and networks in this space,&rdquo; Tiu said. &ldquo;We are the long-term partner for this space.&rdquo;<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Stablecoins are a type of cryptocurrency token that maintain a fixed value by being pegged to a reference asset, typically fiat currencies such as the US dollar.<\/p>\n<div data-qa=\"InlineAdSlot-Container\" class=\"css-zl1inp e11v3ui14\">\n<div class=\"e11v3ui10 e11v3ui13 css-gy323d e1flwkbl0\" data-qa=\"AdSlot-Container\">\n<p>Advertisement<\/p>\n<\/div>\n<\/div>\n<div datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1xdhyk6 ec74h0k0\" readability=\"8.4771573604061\">Heightened market anticipation around stablecoins was reflected in OSL&rsquo;s sale of existing shares, top-up subscriptions and new shares last Friday, when it <span data-qa=\"Component-Text\" class=\"css-0 ef9u0v00\">raised HK$2.36 billion (US$300<\/span> million).<\/div>\n<div class=\"image-inline-container e1a5rv550 css-1llrc1m e1yqhwb40\" data-qa=\"Component-renderMap-StyledDiv\">\n<div class=\"image-inline caption e1fvabeq0 css-19sk4h4 ea9pn0s0\" data-qa=\"Component-Container\">\n<figure class=\"image-inline caption ea9pn0s1 css-1qeofuq e1gf69pb0\" data-qa=\"ArticleImage-ArticleImageContainer\">\n<div data-qa=\"ArticleImage-handleRenderImage-ImageContainer\" class=\"css-0 e1gf69pb3\"><\/div><figcaption data-qa=\"ArticleImage-DescriptionContainer\" class=\"css-1ixmelf e1gf69pb1\">Examples of popular stablecoin tokens in the market, from left: Dai, USD Coin, Tether, Binance USD and TrueUSD. Photo: Shutterstock<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<p><sub>Crypto exchange OSL sees optimism rise as Hong Kong enters stablecoin era<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong-based OSL Group, the city&rsquo;s first listed and licensed virtual-asset trading platform, sees optimism rise in the local market as the stablecoin law comes into effect this Friday. Advertisement That assessment was made by Gary Tiu, executive director and head of regulatory affairs at OSL, at a symposium on Thursday about Hong Kong&rsquo;s stablecoin&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/jobuzo.com\/en\/crypto-exchange-osl-sees-optimism-rise-as-hong-kong-enters-stablecoin-era\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Crypto exchange OSL sees optimism rise as Hong Kong enters stablecoin era&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":3789,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3788","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/3788","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=3788"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/3788\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/3789"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=3788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=3788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=3788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}