OSL Group Reports 65.8% Revenue Surge in First Half, Signaling Crypto Market Resilience in Hong Kong

Hong Kong-based digital asset firm OSL Group has reported a substantial increase in its first-half financial results, with revenue climbingyear-over-year to HK$7.1 billion. The company’s

• OSL Group reported a 65.8% year-over-year revenue surge to HK$7.1 billion in the first half, alongside a 75.5% increase in adjusted net profit, indicating strong growth in Hong Kong's digital asset market.
• The company's performance is attributed to increased trading volumes, a favorable regulatory environment in Hong Kong, and its first-mover advantage with an SFC license.
• This success signals resilience and growing institutional interest in regulated digital assets, positioning Hong Kong as a key hub and demonstrating the potential for profitability in the sector.

Topics: Institutional adoption, Jurisdictions, Scalability, Asset manager initiatives, Established hubs, Growth metrics

Tags: #oslgroup #hongkong #digitalassets #revenuegrowth #institutionalinterest #virtualassetserviceproviders #tradingvolumes #regulatoryframework #sfclicense #profitability

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Virtual assets licensing launched

Virtual assets licensing launched

• Pakistan has launched a comprehensive licensing system for virtual assets, with existing operators needing to apply by September 5, 2026.
• The framework aims to regulate exchanges, custody, advisory services, and more, establishing a foundation for the digital economy and potentially boosting exports, remittances, and SME financing.
• This initiative, supported by the State Bank of Pakistan, allows licensed virtual asset service providers formal access to the banking system, lifting a previous ban.

Topics: Jurisdictions, Legal regulatory, Infrastructure providers, Regulatory sandboxes pilots, Licensing issuer obligations, Tokenization platforms

Tags: #pakistan #virtualassets #licensing #regulatoryauthority #blockchain #tokenisation #stablecoins #remittances #islamicfinance #virtualassetserviceproviders

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Brazil to Delay Some Crypto Transfers Above $10,000 for Up to 24 Hours

Brazil will require certain crypto transfers above $10,000 to face up to a 24-hour delay starting Jan. 1, 2027, as the central bank strengthens fraud

• Brazil's central bank will implement a 24-hour delay for certain cryptocurrency transfers exceeding $10,000 starting January 1, 2027, to combat fraud.
• This measure applies to transfers involving cryptocurrencies and stablecoins, including those sent to foreign platforms or self-custody wallets, aiming to create a window for risk assessment.
• The new regulation is part of Brazil's broader strategy to enhance regulatory supervision over the digital asset market, balancing speed with security and compliance.

Topics: Legal regulatory, Jurisdictions, Blockchain usage, Securities law classification, Regulatory sandboxes pilots, Private enterprise ledgers

Tags: #brazil #cryptotransfers #delay #fraudprevention #centralbank #stablecoins #selfcustodywallets #regulation #virtualassetserviceproviders #moneylaundering

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Brazil tightens crypto rules with new $10K transfer rule – Report

Brazil's latest action does not amount to the freezing or permanent blocking of cryptocurrency assets, but necessary checks...

• Brazil's central bank is implementing new regulations for cryptocurrency transfers starting in 2027 to combat fraud.
• Transfers exceeding $10,000 will face a 24-hour delay for risk assessment, aiming to prevent funds linked to scams.
• Despite increased adoption, Brazil has seen a significant rise in illicit crypto activity, prompting these stricter measures.

Topics: Jurisdictions, Legal regulatory, Blockchain usage, Emerging hubs, Enforcement actions litigation, Non evm chains

Tags: #brazil #cryptocurrency #regulation #antifraud #transfers #selfcustody #virtualassetserviceproviders #illicitinflows #moneylaundering #tether

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Zimbabwe Requires Crypto Businesses to Register Annually Under New FIU Regulations

Zimbabwe mandates annual registration for crypto businesses under new FIU rules, marking the country's first formal digital asset framework.

• Zimbabwe has introduced its first formal regulatory framework for virtual asset service providers, requiring annual registration with the Financial Intelligence Unit (FIU) and a $500 fee.
• This move aims to bring the largely informal crypto market under regulatory oversight, addressing concerns about money laundering and aligning with global trends.
• The regulations are seen as a positive development by local traders and position Zimbabwe alongside other African nations formalizing their digital asset sectors, driven partly by historical economic instability and the need for efficient remittances.

Topics: Jurisdictions, Legal regulatory, Compliance, Emerging hubs, Licensing issuer obligations, Aml antimoneylaundering, Kyc proof of identity

Tags: #zimbabwe #cryptoregulation #financialintelligenceunit #virtualassetserviceproviders #annualregistration #antimoneylaundering #subsaharanafrica #digitalassets #economichistory #remittances

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