OSL has entered into a collaboration with the global insurance and reinsurance

Indra55

Golden Finance reports that OSL, a licensed virtual asset trading platform in Hong Kong, has announced a collaboration with the global insurance and reinsurance company Canopius. The partnership involves upgrading the custody insurance protocol for digital assets on the OSL platform. The Lloyd's of London underwriting group led by Canopius will provide OSL with a new custody insurance agreement for a duration of two years, featuring increased coverage. Additionally, OSL Group stated that, in compliance with Hong Kong regulatory guidelines requiring virtual asset service providers (VASPs) to have insurance covering at least 50% of custodied assets, OSL's insurance protection already covers a minimum of 95% of regulated assets and has expanded the custody insurance limit.

Iti9

This agreement is quite useful indeed.

Jafar224

Insurance companies are now stepping into collaborations.

Ritu13

This is a deal they have struck between them.

Kabir903

Two years is a bit of a lengthy duration.

Kahn332

This agreement is quite useful.

Kalkin995

Now even insurance companies are coming out to collaborate.

Jatin255

This marks a business deal between them.

Jiger955

Two years is a bit long.

Jatin255

There should be authorization opportunities, right?