Hong Kong Approves SOL Trading for Retail via OSL Exchange
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Hong Kong approves SOL trading for retail investors via OSL, expanding licensed crypto access alongside BTC, ETH, AVAX, and LINK. Hong Kong has taken another major step in supporting retail cryptocurrency trading. OSL Exchange, the city’s first licensed crypto platform, has received approval from the Securities and Futures Commission (SFC) to allow retail investors to trade Solana (SOL). That means that SOL has become the fifth cryptocurrency to be accepted to trade publicly in Hong Kong, after Bitcoin (BTC), Ethereum (ETH), Avalanche (AVAX), and Chainlink (LINK). HashKey and OSL Launch Retail Services for Bitcoin, Ethereum The trading on licensed platforms was the privilege of professional investors in the past. But the SFC announced two months ago it would permit retail trading subject to new regulations. Currently, OSL and HashKey Exchange have obtained licenses to work with the general population. Such approvals demonstrate the willingness of Hong Kong to be a global crypto hub, despite other markets continuing to remain wary following such incidents as the demise of FTX at the end of 2022. Notably, these new licenses will enable platforms to offer their services to non-institutional clients as well. As an illustration, one of the customers of the HashKey Group, HashKey Exchange, is now accessible to regular investors. HashKey Group said, “We are excited to be the first licensed trading platform in Hong Kong focused on retail users,” Livio Weng, Chief Operating Officer of the HashKey Group. He added that the trading will begin to trade Bitcoin and Ethereum in a matter of weeks. In the meantime, OSL declared that it is already prepared to offer its services to retail customers. In a statement, the company said it is effective immediately that OSL allows retail investors to register on its platform and sell and purchase digital asset products. Similar to…
Filed under: News - @ August 12, 2025 2:28 am