Hong Kong SAR China · Crypto
OSL Digital Securities Limited
Trading asOSL Exchange
OSL Digital Securities Limited is a Hong Kong company that operates the OSL Exchange virtual asset trading platform. The Securities and Futures Commission (SFC) licenses it for Type 1 (dealing in securities) and Type 7 (automated trading services) regulated activities. The SFC also licenses it to operate a virtual asset trading platform under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO). It is a wholly owned subsidiary of OSL Group Limited, a Cayman Islands company listed on the Hong Kong Stock Exchange. It offers spot trading, OTC brokerage and custody of virtual assets to retail, professional and institutional clients in Hong Kong, and it distributes the USDGO stablecoin in Hong Kong.
Licences and registrations
Held by OSL Digital Securities Limited (LEI 549300WBXH3AFK5BRJ77). 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| List of licensed virtual asset trading platformsSecurities and Futures Commission (SFC) | Licensed virtual asset trading platform operatorCrypto-Asset Service Provider | BPJ213 | Hong Kong SAR China | Active | 2020-12-15 | — |
|
Search the register ↗ |
Trading names on the register: OSL Exchange (SFC-VATP)
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
Swift network
Swift’s ISO 9362 BIC directory
Holds no BIC in Swift’s directory.
Its LEI is not mapped to a BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Employees
Not published
Ownership
Group subsidiary
100% OSL Group Limited
Firm type
Crypto exchange or broker
Trades as OSL Exchange
- Standing
- According to its LEI record, the firm was formerly named BCG (Hong Kong) Limited. The SFC's list of licensed virtual asset trading platforms, last updated in May 2026, shows its licence as current.
- Ownership
- OSL Group Limited, a Cayman Islands company listed on the Hong Kong Stock Exchange (stock code 863), wholly owns the firm.
- Direct parent
- OSL Group Limited ↗, Cayman Islands 100%
- Head office
- 39/F Lee Garden One, 33 Hysan Avenue, Causeway Bay, Hong Kong, Hong Kong SAR China
- Name in the local language
- OSL數字證券有限公司
- Former name
- BCG (Hong Kong) Limited
Online
- Websites & references
- osl.com ↗
osl.com/hk ↗ Hong Kong platform site (OSL HK) operated by the firm
group.osl.com ↗ OSL Group investor relations site (group level)
Wikipedia ↗ group article - Official social accounts
- LinkedIn ↗ · X ↗ · Telegram ↗ · Substack ↗
Sources · 16 pages consulted
- sfc.hk/en/Welcome-to-the-Fintech-Contact-Point/Virtual-assets/Virtual-asset-trading-platforms-op
- sfc.hk/en/alert-list/2790
- www1.hkexnews.hk/listedco/listconews/sehk/2025/0324/2025032401470.pdf
- osl.com
- osl.com/hk
- osl.com/hk-en/company/about-us
- osl.com/en/company/team
- osl.com/en/bits/article/what-makes-osl-different
- osl.com/hk-en/bits/article/osl-deposit-guide-hkd-usd-via-fps-bank-wire
- globenewswire.com/news-release/2026/08/31/3353615/0/en/osl-group-announces-2026-interim-results-payment-bus
- fintechfutures.com/press-releases/osl-first-to-be-granted-amlo-licence
- prnewswire.com/apac/news-releases/osl-sets-global-records-with-usd-1-billion-digital-asset-insurance-cov
- osl.com/hk-en/press-release/osl-receives-license-from-hong-kong-regulator-becomes-worlds-first-sf
- cryptotimes.io/2026/07/29/osl-expands-xrp-access-to-hong-kong-retail-crypto-traders/
- cryptonews.com/news/hong-kong-warns-of-websites-impersonating-osl-and-hashkey/
- en.wikipedia.org/wiki/OSL_Group
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The SFC licenses the firm for Type 1 and Type 7 regulated activities under the Securities and Futures Ordinance. It also licenses the firm to operate a virtual asset trading platform under the AMLO.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Securities and Futures Commission Hong Kong SAR China | Licensed virtual asset trading platform operator (AMLO) | BPJ213 | In its own name | Active | — |
| Securities and Futures Commission Hong Kong SAR China | Licensed corporation: Type 1 (dealing in securities) | BPJ213 | In its own name | Active | — |
| Securities and Futures Commission Hong Kong SAR China | Licensed corporation: Type 7 (providing automated trading services) | BPJ213 | In its own name | Active | — |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Segregated safeguarding accountsClients' virtual assets are held in segregated client wallets on trust by OSL Custody Services Limited, a group company and the firm's associated entity, and the firm states it maintains insurance coverage of up to USD 1 billion.
- Crypto-asset custody
- Held by the firmThe firm offers trading and custody of virtual assets, which are held on trust in segregated wallets by its associated entity OSL Custody Services Limited. It states that a USD 1 billion insurance programme led by Canopius, a Lloyd's of London syndicate, backs this custody.
- Crypto custodian
- OSL Custody Services Limited Hong Kong SAR China
- Payment schemes and card networks
- FPS (Hong Kong Faster Payment System) Access not stated osl.com ↗
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
The firm runs OSL Exchange in Hong Kong. It offers spot and OTC trading of virtual assets against HKD and USD, plus custody, omnibus broker connectivity and distribution of the USDGO stablecoin issued by Anchorage Digital Bank N.A.
The firm serves clients in Hong Kong under its SFC licences. According to OSL Group, other group entities provide services in other markets under their own licences.
- Payment volume
- USD 12.3bnB2B stablecoin payment volume (group)
- Sells to
- Consumers · Enterprises · Financial institutions
- Serves customers in
- Hong Kong SAR China
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Kevin Cui Executive Director and Chief Executive Officer (OSL Group)
- Chair
- Lawrence Lee Chairman (OSL Group board)
- Chief financial officer
- Ivan Wong Executive Director and Chief Financial Officer (OSL Group)
- Compliance / MLRO
- Karen So Head of Legal and Compliance (OSL)
- Executive
- Gary Tiu Executive Director and Head of Regulatory Affairs (OSL Group)
Recent events
Researched 29 Sep 2026 · Sources
-
Other
The firm opened spot XRP trading to eligible retail investors in Hong Kong, having listed XRP for professional investors in December 2025.
cryptotimes.io ↗ -
Other
OSL Group launched the USDGO stablecoin, issued by Anchorage Digital Bank N.A., with the firm as its distributor in Hong Kong.
osl.com ↗ -
Merger / acquisition
OSL Group, the firm's parent, completed its acquisition of Banxa Holdings Inc.
globenewswire.com ↗ -
Other
OSL announced a USD 1 billion digital asset custody insurance placement led by Canopius, a Lloyd's of London syndicate.
prnewswire.com ↗ -
Licence
The SFC granted the firm a licence to operate a virtual asset trading platform under the AMLO.
fintechfutures.com ↗ -
Other
The firm's parent completed its change of name from BC Technology Group Limited to OSL Group Limited.
www1.hkexnews.hk ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Regulator warnings
Researched 29 Sep 2026 · Sources
-
Impersonation Securities and Futures Commission, Hong Kong SAR China
The SFC placed the websites oslexu.com and oslint.com on its Suspicious Virtual Asset Trading Platforms Alert List for impersonating the firm.
cryptonews.com ↗ -
Impersonation Securities and Futures Commission, Hong Kong SAR China
The SFC listed an entity called OSL Corporation because its website displayed the firm's logo to impersonate it.
sfc.hk ↗
Entries on regulators’ consumer-warning lists that name the firm or its brand. An impersonation warning is about fraudsters posing as the firm, not about the firm itself.
Identifiers
- Licence no. · SFC-VATP
- BPJ213
- BIC
- Holds no BIC in Swift’s directory
- How the LEI was matched
- Matched by Elucidate to GLEIF on name, country and address
- Market identifier code
- OSDS
- Elucidate firm ID
- 0b65f070bc3c
Profile
- Type
- CryptoCrypto-asset service providers, virtual-asset trading platforms and stablecoin issuers. Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Main licence class
- Crypto-Asset Service Provider
- Activities
- Crypto-assets
- Licensed in
- Hong Kong SAR China · East Asia & Pacific
- First registered
- 2020-12-15
- Website
- www.osl.com ↗
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
- Direct parent
- Osl Group Limited · Cayman Islands254900CO7POSAPH8UL47 ↗
Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Address on the register
- 39/F Lee Garden One, 33 Hysan Avenue, Causeway Bay, Hong Kong, Hong Kong
- Country
- Hong Kong SAR China
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code.
- Identified by
- Name and postal address, with its LEI
- Postal address
- Does not fit the CBPR+ limits
- The address does not fit in the two address lines of 35 characters that CBPR+ allows next to a town and country.
The LEI record in GLEIF holds a structured legal address.
CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent.
The values are as published by the register. Check them against your own records before use.
Market identifiers
One trading venue or reporting service run under this LEI
| MIC | Market | Kind | Category |
|---|---|---|---|
| OSDS | OSL DIGITAL SECURITIES EXCHANGEOSLDS | Operating MIC | Not specified |
Sources & method
Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI.
An institution missing from these registers is not necessarily unregulated.
Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Register for this page
- List of licensed virtual asset trading platforms—Securities and Futures Commission (SFC), Hong Kong · source ↗ as at 25 September 2026
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
Assess the financial crime risk behind a licence
A licence records what an institution is authorised to do; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks and payment institutions.
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