fbpx
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
Wednesday, October 4, 2023
Online Crypto College
CREATE FREE ACCOUNT
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot
No Result
View All Result
Online Crypto College
No Result
View All Result

Interactive Brokers Taps OSL To Offer Digital Assets Services in Hong Kong

June 10, 2022
in Blockchain
Reading Time: 3 mins read
A A
Interactive Brokers Taps OSL To Offer Digital Assets Services in Hong Kong
ShareShareShareShareShare

Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, announced on Thursday that it formed a collaboration with OSL Digital Securities to enable it to offer virtual asset dealing services in Hong Kong.

Related articles

Coinbase CLO Responds to SEC’s Opposition

Coinbase CLO Responds to SEC’s Opposition

October 4, 2023
Sygnum Singapore Secures MPI License from MAS

Sygnum Singapore Secures MPI License from MAS

October 4, 2023

Once launched, Interactive Brokers will offer digital asset services directly to its professional investor trading clients in Hong Kong, powered by OSL- the world’s first Type 1 and 7 Securities and Futures Commission (SFC)-licensed digital asset brokerage and trading platform for professional investors.

David Friedland, Head of APAC at Interactive Brokers, talked about the development and said: “Investors worldwide are rallying to digital asset markets, and the collaboration with OSL comes at a key moment in the development of the regulated digital asset ecosystem in Hong Kong. As investors seek reliable counterparties with which to transact, we are excited to work with a company like OSL, that has the industry expertise to help us meet the growing needs of our client base in this region.”

Wayne Trench, OSL CEO, also commented: “OSL is a global leader in regulatory compliant digital asset trading and custody and we’re thrilled to work with Interactive Brokers. Hong Kong has one of the world’s highest concentrations of institutional and professional investors, as well as a clear regulatory regime around digital assets, making it the ideal location for this landmark arrangement as digital assets continue to be integrated into the global financial services ecosystem.”

Interest in Digital Assets Rising Fast

Tokens, cryptocurrencies, and digital assets have captured rising attention in Hong Kong. For instance, in December last year, PwC Hong Kong, an insurance giant, partnered with the Animoca Brands subsidiary in purchasing a virtual land in the Sandbox metaverse. 

Besides that, NFTs have significantly dominated discussions in the Hong Kong blockchain ecosystem – a bridge connecting blockchain startups and major financial institutions in Hong Kong.

Furthermore, there is a massive development in the Hong Kong regulatory landscape. In January, The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) issued a joint circular, which for the first time allowed registered firms and licensed companies to offer digital asset investment services by partnering only with SFC-licensed virtual asset trading platforms.

The agreement between Interactive Brokers and OSL is the first collaboration between one of the largest SFC-regulated online brokers serving professional investors in Hong Kong and an SFC-licensed institutional digital asset brokerage and exchange.

The partnership proves that the joint HKMA-SFC circular is a crucial tool that is building a more competitive and robust digital asset market in Hong Kong. The circular is also likely to accelerate the development and acceptance of regulated digital assets in Asia and worldwide.

Image source: Shutterstock

Credit: Source link

ShareTweetSendPinShare
Previous Post

Ethereum Holds Key Support, Why ETH Must Clear This Hurdle

Next Post

Second Circuit Court Order’s Terraform Labs and Do Kwon to Comply With SEC’s Subpoena

Related Posts

Coinbase CLO Responds to SEC’s Opposition

Coinbase CLO Responds to SEC’s Opposition

October 4, 2023

Paul Grewal, the Chief Legal Officer of Coinbase, took to Twitter on October 4, 2023, to address the U.S. Securities...

Sygnum Singapore Secures MPI License from MAS

Sygnum Singapore Secures MPI License from MAS

October 4, 2023

Sygnum Singapore's announcement on 3rd October 2023 concerning its acquisition of a Major Payment Institution Licence (MPIL) from the Monetary...

Binance Collaborates with Royal Thai Police to Disrupt Criminal Networks

Binance Collaborates with Royal Thai Police to Disrupt Criminal Networks

October 3, 2023

Binance has recently come into collaboration with the Royal Thai Police to aid in the disbanding of major crypto fraudulent...

Binance and CEO Changpeng Zhao Face Class-Action Lawsuit Over Alleged Market Manipulation Targeting FTX

Binance and CEO Changpeng Zhao Face Class-Action Lawsuit Over Alleged Market Manipulation Targeting FTX

October 3, 2023

On October 2, 2023, plaintiff Nir Lahav filed a class-action lawsuit in the District Court of Northern California against Binance...

Grayscale Partners with NYSE Arca to File for Spot Ethereum ETF Conversion

Grayscale Partners with NYSE Arca to File for Spot Ethereum ETF Conversion

October 3, 2023

On October 2, 2023, NYSE Arca and Grayscale Investments took a significant step in the regulated crypto investment landscape by...

Load More
Next Post
Second Circuit Court Order’s Terraform Labs and Do Kwon to Comply With SEC’s Subpoena

Second Circuit Court Order's Terraform Labs and Do Kwon to Comply With SEC's Subpoena

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

XRP Forecasted To Rise 1,100%, Reach New ATH of $5.85: Here’s When

XRP Forecasted To Rise 1,100%, Reach New ATH of $5.85: Here’s When

October 3, 2023
Xsolla Announces Acquisition of AcceleratXR, A Multi-Player Platform For Games

Xsolla Announces Acquisition of AcceleratXR, A Multi-Player Platform For Games

September 27, 2023
VanEck Announces Launch of Ethereum Futures ETF (EFUT)

VanEck Announces Launch of Ethereum Futures ETF (EFUT)

September 29, 2023
Top 2 Cryptocurrencies To Watch in October 2023

Top 2 Cryptocurrencies To Watch in October 2023

September 29, 2023
Unleashing New Dimensions in Consensus, Settlement, and Asset Tokenization in Billion-Dollar Market

Unleashing New Dimensions in Consensus, Settlement, and Asset Tokenization in Billion-Dollar Market

October 3, 2023

About Us

We provide the latest crypto news, trading tools, and up-to-date education to students and traders all over the world.

ENROLL FOR FREE

Latest Crypto Headlines

  • You Can Now Become a SHIB Millionaire For Only $7
  • Kevin O'Leary Foresees The End Of 'Crypto Cowboys' As Industry Shifts Towards Regulation: 'They All Have – Benzinga
  • Digitalbits Blockchain evolves into XDB CHAIN: A Game-Changing Rebranding Initiative.
  • Will XRP Price Defy A 50% Stock Market Crash? Analysts Weigh-In
  • Ethereum futures ETFs on CME begin with light trading volumes
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2022 - OnlineCryptoCollege.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot

© 2018 JNews by Jegtheme.

  • bitcoinBitcoin(BTC)$27,567.000.20%
  • ethereumEthereum(ETH)$1,644.91-0.88%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.00-0.06%
  • binancecoinBNB(BNB)$212.77-0.68%
  • rippleXRP(XRP)$0.534.57%
  • usd-coinUSDC(USDC)$1.00-0.04%
  • staked-etherLido Staked Ether(STETH)$1,644.61-0.75%
  • solanaSolana(SOL)$23.38-3.75%
  • cardanoCardano(ADA)$0.255971-2.71%
  • dogecoinDogecoin(DOGE)$0.061064-1.23%
  • tronTRON(TRX)$0.0888161.29%
  • ToncoinToncoin(TON)$1.98-2.46%
  • Wrapped stETHWrapped stETH(WSTETH)$1,864.220.34%
  • matic-networkPolygon(MATIC)$0.593.97%
  • polkadotPolkadot(DOT)$4.03-2.38%
  • litecoinLitecoin(LTC)$64.37-2.25%
  • bitcoin-cashBitcoin Cash(BCH)$230.19-4.21%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$27,518.00-0.15%
  • shiba-inuShiba Inu(SHIB)$0.000007-0.78%
  • chainlinkChainlink(LINK)$7.58-0.10%
  • daiDai(DAI)$1.00-0.23%
  • leo-tokenLEO Token(LEO)$3.751.84%
  • avalanche-2Avalanche(AVAX)$9.733.74%
  • true-usdTrueUSD(TUSD)$1.000.01%
  • uniswapUniswap(UNI)$4.33-2.41%
  • stellarStellar(XLM)$0.1127151.31%
  • moneroMonero(XMR)$148.752.01%
  • okbOKB(OKB)$43.11-0.15%
  • Aerarium FiAerarium Fi(AERA)$7.15-13.10%
  • binance-usdBUSD(BUSD)$1.00-0.05%
  • ethereum-classicEthereum Classic(ETC)$15.59-4.00%
  • BSCEXBSCEX(BSCX)$237.310.49%
  • cosmosCosmos Hub(ATOM)$7.02-2.48%
  • hedera-hashgraphHedera(HBAR)$0.048740-2.27%
  • filecoinFilecoin(FIL)$3.31-0.21%
  • GGTKNGGTKN(GGTKN)$0.1121310.76%
  • lido-daoLido DAO(LDO)$1.612.83%
  • internet-computerInternet Computer(ICP)$3.193.30%
  • crypto-com-chainCronos(CRO)$0.050194-0.22%
  • MantleMantle(MNT)$0.407062-1.49%
  • makerMaker(MKR)$1,427.35-1.70%
  • quant-networkQuant(QNT)$87.61-0.87%
  • AptosAptos(APT)$5.30-1.86%
  • vechainVeChain(VET)$0.016716-2.09%
  • optimismOptimism(OP)$1.31-3.57%
  • ArbitrumArbitrum(ARB)$0.89-3.90%
  • nearNEAR Protocol(NEAR)$1.09-2.13%
  • KaspaKaspa(KAS)$0.050333-0.63%
  • EdgecoinEdgecoin(EDGT)$1.00-0.03%