{"id":175775,"date":"2023-10-17T16:33:55","date_gmt":"2023-10-17T11:03:55","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=175775"},"modified":"2023-10-17T16:33:55","modified_gmt":"2023-10-17T11:03:55","slug":"osl-exchanges-hk1-billion-sale-is-factually-inaccurate-says-bc-technology-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/osl-exchanges-hk1-billion-sale-is-factually-inaccurate-says-bc-technology-crypto-news\/","title":{"rendered":"OSL exchange\u2019s HK$1 billion sale is \u201cfactually inaccurate,\u201d says BC Technology &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Hong Kong-based BC Technology Group Limited, the parent company of the OSL digital asset platform, has dismissed reports of a potential sale of the exchange for HK$1 billion (US$128 million).<\/p>\n<p><strong><em>See related article: <\/em><\/strong><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/weekly-market-wrap-bitcoin-falls-below-us27000-cpi-israeli-conflict\/\">Weekly Market Wrap: Bitcoin falls below US$27,000 following CPI and Israeli conflict<\/a><\/p>\n<h3 class=\"wp-block-heading\">Fast Fact<\/h3>\n<ul>\n<li>On Monday, Bloomberg reported that BC Technology is considering the sale of OSL, citing \u201cpeople familiar with the matter.\u201d<\/li>\n<li>\u201cThe Board wishes to clarify that the contents and statements in the Article are factually inaccurate and highly misleading,\u201d BC Technology said in a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www1.hkexnews.hk\/listedco\/listconews\/sehk\/2023\/1017\/2023101700179.pdf\">statement<\/a> on Tuesday.\u00a0<\/li>\n<\/ul>\n<ul>\n<li>OSL is one of the only two digital assets exchanges licensed under Hong Kong\u2019s new <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/hong-kong-to-open-crypto-to-retail-traders\/\">rules<\/a> that came into effect in June, which allows licensed trading platforms to offer services to retail investors.<\/li>\n<\/ul>\n<p><strong><em>See related article: <\/em><\/strong><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/blackrock-shares-go-digital-jpmorgans-onyx-blockchain\/\">BlackRock shares go digital on JPMorgan\u2019s Onyx blockchain<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong-based BC Technology Group Limited, the parent company of the OSL digital asset platform, has dismissed reports of a potential sale of the exchange for HK$1 billion (US$128 million). See related article: Weekly Market Wrap: Bitcoin falls below US$27,000 following CPI and Israeli conflict Fast Fact On Monday, Bloomberg reported that BC Technology is [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":175776,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-175775","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/175775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=175775"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/175775\/revisions"}],"predecessor-version":[{"id":175777,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/175775\/revisions\/175777"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/175776"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=175775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=175775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=175775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}