OSL HK, Hong Kong’s first licensed cryptocurrency alternate, has got approval from the Hong Kong Securities and Futures Payment (SFC) to provide Solana (SOL) shopping and selling companies to retail merchants.
This makes SOL the fifth cryptocurrency readily accessible to retail merchants in Hong Kong. Similar approvals possess been granted previously for BTC, ETH, AVAX, and LINK.
In step with an announcement from OSL HK, Solana shopping and selling will be accessible to both reliable and particular person merchants. The platform will make stronger both “Flash Alternate” and “Pro Alternate” solutions.
Supported shopping and selling pairs will be:
- Flash Alternate: SOL/HKD, SOL/USD, SOL/USDT, SOL/USDTTRC
- Pro Alternate: SOL/USD
Flash Alternate operations will beginning on August 11, 2025 at 18:00 (UTC+3), and Pro Alternate operations will beginning on August 18, 2025 at 11:00 (UTC+3).
Hong Kong is identified as a a form of order of mainland China and, unlike China, largely permits the use of cryptocurrencies and company activities.
*Right here will not be funding advice.
