OSL CCO Emphasizes Need for Mature Compliance Settlement Layer for Stablecoin Payments at Money 20/20 Asia

Gate News message, April 21 — Eugene Cheung, Chief Commercial Officer of OSL Group, stated at the Money 20/20 Asia summit in Bangkok on April 21 that scaling stablecoin payments to institutional levels requires building a mature compliance and risk management settlement layer capable of supporting complex business requirements.

Financial institutions must be confident that blockchain systems can handle intricate legal compliance and asset custody risks before moving significant operations on-chain, Cheung explained. This commitment to licensed operations and institutional-grade infrastructure underpins OSL's core strategy. Stablecoin payment systems need to establish an effective "control layer" comparable to traditional payment giants, handling compliance reviews and global settlement efficiently. Cheung noted that OSL is exploring the integration of artificial intelligence into the control layer of payment operations to enhance compliance decision-making efficiency and strengthen risk penetration capabilities.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments