OSL Digital Securities is a digital currency firm backed by American investment giant, Fidelity Investments. The Hong Kong SFC gave its approval to the crypto company after it met all of the regulatory requirements set by the authority.
Chief executive Hugh Madden of BC Group, OSL Digital Securities’ parent company, has praised the development. According to him, the licensing will allow the company to work better, access more opportunities, and allow more corporate participation. Madden said:
“Licensing is a game-changer, because it provides certainty and confidence to investors, unlocking massive participation as it drives the increasing use of our platform by the global institutional investor community.”
Image Credits: Pixabay
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