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OSL Launches OSL Pay Division for Seamless Fiat-to-Crypto Conversions

29 April 2025
in Crypto, News
Reading Time: 3 mins read
109 1
Home News Crypto

OSL Group, a publicly traded leader in crypto assets, has launched OSL Pay, a new business division designed to transform cross-border fiat-to-crypto payment systems. OSL Pay aims to provide institutions and retail clients with a high-performance, secure infrastructure for seamless fiat-to-crypto conversions. The platform features personalized onboarding with dedicated account managers and a unified API/SDK for easy integration across various payment methods.

The service was developed to address the growing demand for efficient cross-border value transfer between traditional and digital asset markets. Built on OSL’s proven institutional infrastructure, the platform is designed to meet the stringent requirements of the European Union’s Markets in Crypto-Assets (MiCA) regulations and international anti-money laundering (AML) standards.

Kevin Cui, Executive Director and CEO of OSL Group, emphasized,

“OSL Pay is the natural progression of our institutional offerings. We’ve already pioneered compliant digital asset trading in Asia, and now, we’re focused on eliminating the barriers to crypto adoption. Our technology ensures seamless value transfers, similar to how data flows across the internet, but with all necessary compliance safeguards in place.”

To lead OSL Pay’s launch, OSL Group has appointed Teo Jing Wei, a fintech veteran with over 20 years of experience in digital transformation and banking consulting. Having held leadership roles in top cryptocurrency exchanges, Teo is well-positioned to drive the division’s global expansion and innovation, bridging traditional banking with cryptocurrency.

Teo Jing Wei, Head of OSL Pay, added,

“Our goal is to build the infrastructure for the future of digital commerce. With OSL’s blockchain technology and our local expertise, we are offering a bridge between traditional payment systems and digital assets, catering to both merchants and financial institutions.”

Notably, OSL Group recently launched OSL Wealth, a crypto-focused wealth management platform in Hong Kong. Targeting professional investors, it offers access to tokenized treasury assets, real-world asset solutions, and quantitative funds. Combining OSL’s regulated infrastructure with tools from traditional finance, the platform highlights Hong Kong’s efforts to lead the global crypto race.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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