Solana Receives Hong Kong Permit: Becomes Fifth Altcoin to List!
Hong Kong's first licensed cryptocurrency exchange, Solana (SOL), has received approval for retail investor trading, making it the fifth altcoin in the country to receive trading approval.
OSL HK, which has received approval from the Hong Kong Securities and Futures Commission (SFC), will now open its trading service, previously only available to professional investors, to retail investors. SOL becomes the fifth altcoin to be registered in Hong Kong, following Bitcoin (BTC), Ethereum (ETH), Avalanche (AVAX), and ChainLink (LINK).
According to the exchange's announcement, Flash Trades for the SOL/HKD and SOL/USD pairs opened at 6:00 PM CET on August 11, 2025. For Pro Trade transactions, the SOL/USD pair will become active on August 19, 2025, at 02:30 CET. Deposits and withdrawals for SOL will also be available via the Solana network.
The SFC's approval of SOL expands the crypto asset diversity Hong Kong offers retail investors. With the new licensing process launched in 2023, the country is gradually expanding investors' access to various cryptocurrencies while providing a secure trading environment. OSL HK stands out as one of the exchanges that stands out in this process for its regulatory compliance and diversified product range.
With the SFC's approval of new altcoins in the future, Hong Kong is expected to strengthen its position as one of the crypto trading centers in Asia. $SOL