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Statement: Stay Vigilant

Statement: Stay Vigilant Recently, there have been heightened attacks by hackers in the digital asset space. We encourage all customers and platform users to remain alert for scams, phishing hacks, and other malicious activities. Bad actors may attempt to steal personal information and items of value including passwords, private keys and fiat currency. Be on … Continued

Clarification Statement

On 16 February 2021, World Super Holdings Limited (stock code: 8612) made a voluntary announcement relating to the entry into a non-legally binding memorandum of understanding (“MOU”) between its wholly-owned subsidiary, Yummy Network Technology Company Limited, and OS Limited (OSL) regarding OSL’s provision of blockchain technology consulting services and other possible cooperation relating to blockchain … Continued

BC Group Statement on SFC CEO Ashley Alder’s 3 November 2020 Speech on Mandatory Digital Asset Licensing in Hong Kong

Hugh Madden, BC Technology Group CEO

Today’s comments by the SFC on mandatory licensing for digital asset firms in Hong Kong is a pivotal and historic development for the sector, paving the way for the growth of institutionally focused firms like OSL in the market. Hong Kong has again proven itself to be a world leader and pioneer in digital asset regulation.

Clarification Statement

On 7 May 2020, a press release was issued and subsequent media coverage commented on the relationship between BC Group and its Group company, OSL, and Monsoon Blockchain Partners. This statement clarifies inaccuracies in the press release and media coverage. BC Group, like other innovative fintech businesses, routinely engages in confidential exploratory and preliminary discussions … Continued

BC Group Statement: SFC Announcement on the Issuance of Digital Asset Platform Trading Licenses is a Watershed Moment for Financial Services

Hong Kong, Nov. 6, 2019 – Today’s announcement by SFC CEO Ashley Alder that the regulator will issue licenses for digital asset trading platforms in Hong Kong is a watershed moment for financial services in Asia and institutional adoption and trading of digital assets.  The announced licensing framework will bring much needed clarity to the digital … Continued