OSL-sponsored Major Web3 Summit "Foresight2024" Successfully Concludes
(Hong Kong, 13 August 2024) - The premier Web3 industry summit "Foresight2024", headlined by Foresight News, Foresight Venture and The Block, concluded successfully on 12 August after two days of events at the Hong Kong Ocean Park Marriott Hotel. As the title sponsor, OSL Group (863.HK), Hong Kong's only publicly listed company fully dedicated to digital assets, championed this event to foster innovation and collaboration in Hong Kong's burgeoning digital asset market.
The summit featured a high-profile panel discussion - "The Ripple Effect: How ETFs are Reshaping the Cryptocurrency Landscape", and an exclusive fireside chat with The Block. Gary Tiu, OSL's Executive Director and Head of Regulatory Affairs, alongside industry leaders, provided insights into the regulatory landscapes of Hong Kong and the US. Notably, panellists highlighted Hong Kong's streamlined four-month approval process for spot ETF products, compared to the US's typical eight-month timeline.
Tiu emphasised, "Hong Kong's spot digital asset ETFs not only offer investors a secure entry but a crucial groundwork for future market expansion. As it evolves, we're seeing increased opportunities for more market players. Our goal is to foster robust partnerships across the banking sector, integrating diverse expertise into this dynamic ecosystem."
"This is from pre-web to web3." – Gary Tiu
Tiu underscored Hong Kong's competitive edge in regulatory efficiency and flexibility for new digital asset products. He believes these factors create an optimal environment for market participants, spurring innovation and vitality in Hong Kong's digital asset landscape.
"Foresight2024" also featured an exclusive VIP dinner and networking event. The intimate setting provided opportunities for nuanced discussions on market trends in a more relaxed atmosphere.
For high-res photos, please visit: https://bit.ly/3SNlr8V
About OSL
Backed by Asia’s leading public fintech and digital asset company, OSL Group (863.HK), formerly BC Technology Group, OSL is the world’s first SFC-licensed and insured digital asset platform. Founded in 2018, OSL has an established history in the sector and is recognised by many as the leader in providing comprehensive regulated and licensed digital asset solutions.
OSL offers Markets services (brokerage, exchange, and custody) and SaaS technology solutions, which deliver institutional clients in addition to professional and retail investors access to global liquidity through its best-in-class digital asset platform. OSL’s secured and insured hot and cold wallet infrastructure also ensures the safekeeping of digital assets with timely transaction settlements.
As the digital asset industry continues to evolve, so does OSL. OSL’s simple and tailored approach compliantly navigates international clients through the evolving digital assets environment.
For more information, visit: osl.com
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