Hong Kong, China’s gateway to the world, makes a critical announcement about major altcoins. They list it

OSL HK, Hong Kong’s first licensed cryptocurrency exchange, has received approval from the Hong Kong Securities and Futures Commission (SFC), which provides Solana (SOL) trading services to retail investors.

This will allow Sol to use Hong Kong’s retail investors with its fifth cryptocurrency. Similar approvals have been granted previously to BTC, ETH, Avax and Link.

According to an OSL HK statement, Solana Trading will be accessible to both professional and private investors. The platform supports both “flash trade” and “pro trade” methods.

Supported trading pairs are:

• Flash Trade: SOL/HKD, SOL/USD, SOL/USDT, SOL/USDTTRC
• Pro Trade: Sol/USD

Flash Trade operations will begin at 18:00 (UTC+3) on August 11, 2025, and Pro Trade operations will begin at 11:00 (UTC+3) on August 18, 2025.

Hong Kong is recognized as a special region of mainland China, and unlike China, it can use cryptocurrency and business activities for the majority.

*This is not investment advice.