DBS Bank Becomes OSL Hong Kong's Fiat Settlement Bank

On June 4th, according to official news, OSL Group (HKEX:863), a global stablecoin payment and trading platform, announced today that DBS Bank has become the fiat settlement bank for OSL's Hong Kong operations and has opened an account for OSL Digital Securities, OSL Group's licensed entity in Hong Kong. DBS is a leading financial services group with a broad and solid business foundation in corporate and institutional banking services. Accessing DBS will further strengthen OSL's compliant banking network and enhance its customer service capabilities. As institutional clients' demand for digital asset services continues to grow, this collaboration will help OSL serve a more diverse range of clients and business scenarios. In the future, OSL Group will continue to enhance its digital asset service capabilities, working with all clients and partners to jointly promote the robust development of Hong Kong's compliant digital asset ecosystem.