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OSL Group and Cheetah implement Hong Kong's first "Transfer Rule" integration.

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PANews
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1 hour ago
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PANews April 20 news, the global stablecoin payment and trading platform OSL Group (863.HK) (OSL) announced today that its licensed virtual asset trading platform (VATP) OSL Digital Securities Limited (OSL HK) has successfully completed Hong Kong's first "Travel Rule" integration with Futu's self-built licensed virtual asset exchange Cheetah Trading (Hong Kong) Limited (Cheetah Trading), achieving full-link identity verification for digital asset transfers between the two platforms, working together to build a safer and more transparent digital asset market in Hong Kong.

This "Travel Rule" integration ensures secure exchange of identity information during all transfer stages and operates under a highly transparent and compliant framework, laying a foundation for the next phase of digital asset development for both platforms in Hong Kong. With the future rollout of Hong Kong dollar stablecoins and other tokenized assets, this collaborative framework will ensure that all value flows conform to the highest standards of digital asset management.

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