Licensed OSL exchange opens retail XRP trading

A major licensed cryptocurrency exchange in Hong Kong has opened retail trading for the digital asset XRP, removing a significant barrier that had limited access to only the wealthiest investors in the city for over a year. The platform, OSL, began offering three XRP trading pairs to all retail customers starting at 8:00 p.m. Hong Kong time on Wednesday, July 29, 2026.

Previously, XRP had been available on Hong Kong's regulated exchanges since May 2025, but exclusively to professional investors, defined as individuals holding investment portfolios worth at least 8 million Hong Kong dollars, or approximately $1 million. OSL's move eliminates that financial threshold for its customers, providing a licensed, onshore avenue for ordinary residents to purchase the cryptocurrency directly with Hong Kong dollars.

The newly available pairs include one through OSL's Flash Trade system for XRP against the U.S. dollar and two over-the-counter options, one against the U.S. dollar and one against the Hong Kong dollar. The local currency pair is seen as particularly significant, as it allows residents to trade without first converting funds to U.S. dollars or resorting to unlicensed offshore...