GuShiio.com Agencies no longer ask whether to enter Crypto, but are more concerned about how to enter Crypto.
Written by: OSL
On February 17, the Web3 Connect: An Institutional-Focused Forum event co-hosted by OSL, Blockdaemon and Solomon came to a successful conclusion in Hong Kong. This summit brought together global regulatory experts, representatives of financial institutions and technology pioneers to focus on digital asset custody, institutional blockchain applications and compliance trends. In-depth discussions on topics such as trends.
Among them, OSL Chief Institutional Business Officer (CIBO) Zhang Yinghua shared the latest upgrade to Hong Kong’s digital asset regulatory framework during the first panel discussion and analyzed the new challenges and opportunities this change brings to institutional investors.
Blockchain “infiltrates” traditional trading system: stablecoins drive efficiency revolution
First, Zhang Yinghua, chief institutional business officer (CIBO) of OSL, pointed out thatWith the popularity of stablecoins, more and more international trading companies are choosing them as cross-border payment tools to reduce exchange rate fluctuation risks and settlement costs and time.
For companies, in scenarios with high payment frequency but low single amounts (such as retail payments or payroll settlements), they often expect the payment system to provide efficient capital flow while taking into account low costs. However, the current blockchain technology architecture usually requires customized development to adapt to different business processes and traditional system interfaces.
In terms of real use, stablecoins such as USDT have gone beyond the scope of serving only cryptocurrency users and transaction scenarios, and deeply penetrated into the needs of a wider range of financial scenarios such as currency exchange, commodity payment, remittances, and wage payment. In this context, the market urgently needs a universal and cost-effective integrated development solution to reduce technical complexity and implementation costs. Help enterprises, especially small and medium-sized participants, more easily access the blockchain payment network to obtain Web3 payment service support.
From this perspective, market participants like OSL with compliant, secure, efficient and diversified service capabilities, whether they are companies integrating Web3 payments into platform payment options, or conducting custody of digital assets such as stablecoins and bitcoins., transaction, settlement and clearing, compliant digital asset platforms such as OSL can provide important low-cost, safe and convenient support.
In addition, the implementation of PayFi requires not only technical and compliance support, but also collaborative innovation with multiple industry partners. Therefore, In December last year, OSL announced that it would invest up to US$30 million to accelerate the development of the PayFi ecosystem. Through close collaboration with partners such as credit card issuers, payment service providers, cross-border e-commerce and logistics companies, it will comprehensively improve the PayFi ecosystem.。
From “whether” to “how”: A new paradigm for institutional entry
At the same time, Zhang Yinghua pointed out thatThe focus of institutional investors has shifted from “whether to enter the crypto field” to “how to deploy efficiently”More and more investors, financial institutions, listed companies, family offices, etc. are beginning to actively consider allocating virtual assets through Hong Kong compliance.
This shift marks the shift from “marginal experimentation” to “mainstream deployment” of crypto assets, and the improvement of compliance infrastructure has become a key support.
andAs Hong Kong’s first licensed exchange, OSL has always strictly complied with regulatory requirements in Hong Kong and around the world, continuously improved its internal compliance system, and ensured that business operations are legal, transparent and standardized. Especially with its full license compliance advantages and institutional service capabilities, OSL is becoming the preferred partner for institutions to enter the market.：
By providing custody services that meet the highest standards of the Hong Kong Securities and Futures Commission (SFC), from KYC/AML compliance review to asset allocation strategy design, from exchange trading to OTC trading, from digital asset custody to institutional customized trading, from crypto ETFs to RWA exploration, we provide users with reliable digital asset services.
Zhang Yinghua emphasized that the needs of institutional investors have shifted from “testing the water” to “deepening the cultivation.” What they need is not only technical tools, but also compliance solutions that can seamlessly connect with existing risk control systems.The mission of OSL is also to reduce the threshold for institutional entry through infrastructure innovation and promote the transformation of cryptographic assets from “optional” to “must-have”。
summary
Overall, this summit event sends a clear signal that Hong Kong is integrating virtual assets into the mainstream financial system through the “strong supervision + progressive innovation” strategy, while institutional custody solutions, cross-chain interoperability technologies and compliance derivatives The breakthrough in tools may become a key engine for market growth in the next stage.
Zhang Yinghua concluded,”OSL is not only a service provider, but also a co-builder of the industry ecosystem. We believe that only through continuous innovation and compliance practices can we promote the true integration of crypto assets into the mainstream financial system.”
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