聽到聽到 OK 聽到我? 聽到嗎? 聽到,聽到,OK。 聽到我嗎?
有什麼事在裡面打,不要再, uh, don't, like, uh, 在那個, Okay. Okay. Right inside the document.
It's a document. It's a document. It's a document. It's a document. It inside the document. Alrighty.
And then we're ready to roll. Like play the music, play some background music.
Who do you like to eat? Let's go there.
Hey, Jack. Yeah, I can hear you clear. Okay, Sarah. Can you hear me? Hey, Jack.
Yeah, I can hear you clearly.
So we're going to wait for a few minutes,
and we're going to start rolling.
Well, it's going to be a different show.
A different type of AMA that you've never ever heard.
I can feel it already now.
We have 7,000 people online?
Save that line. 7,000 people online. Save that.
So are you guys going to be like pushing the, getting some traffic in?
Let's start in the next three minutes.
We're starting three minutes. How's that? Countdown. Three minutes. We're starting three minutes.
No problem. Thank you. One minute. Thank you. All right, if you're ready, we're ready to roll. Okay, so, we're gonna start this AMA today.
And we're gonna start, okay? Okay. charlie you're ready and sarah ready and we're gonna start okay okay yep first thing i must say you know i hate twitter acts you know they just took away my
followers every day and just that algorithm that cleans your account like the automatic
vacuum cleaner at home love it i hate it it's just stupid you know you know but
it's just stupid you know i hate it but anyways you know all righty let's do it hello everyone
you know in the osr community and this bNB ecosystem. Good evening, I guess.
But whatever time it is for you,
does anyone even know what time it is in crypto?
It's always 3 a.m. and you are losing money, you know?
Alrighty, settle down, settle down.
So welcome to the official OSR Twitter space.
I'm OSR CMO, which stands for, in case you don't know,
Chief Marketing Officer, which means it is my job to be excited about this
so you don't have to pretend like you do.
It is a win for BNB, the on OSL and we have to celebrate it.
Okay. And today I have our co-host today.
It's Super Charlie who named herself after her favorite game, Super Mario.
So say hi and introduce yourself. Charlie.
Hi, Jack. That's not true. And hi everyone,
I'm Charlie and I'm the social media lead at OSL. Welcome to the space and I'm super stoked to be
here. But I'll let you in a bit on the super super Charlie name. Since we're co-hosting the space,
Jack thought we'd like this Super Mario duo. But for me, the question is, do I want to be Mario? Do I want to be Luigi? Hmm, not sure.
You know, do you guys hear it?
Quiet, quiet, quiet, quiet, quiet.
Quiet, okay, I'm not pretending.
You are just not seeing them, okay?
So, you know, for online,
there are people currently lurking in this space
who are definitely here for this insightful discussion
and not just for the potential raffle in the end.
We don't have raffle, okay?
So we see you and we know where you are here for,
But wait, wait, Jack, where did you get that 7,000 number from?
We have them in the studio.
Since today, the next topic is BNB lens on OSL.
You know, like ushering in new era of institutional grade compliance trading.
I'm sure the number will come later.
And they made me say that institutional grade trading, it sounds like something you feed a prisoner.
You know, it's probably the most expensive, most boring way to trade crypto, you know,
and to discuss this utterly milestone event because everything is a milestone in crypto.
Buying a coffee is a milestone.
We apparently have a very special guest. So please give your massively overhyped, digitally mandated warm welcome to Sarah of BNB and give her a round of applause.
Okay, Sarah, so why don't you introduce yourself, Sarah?
Hey, thank you, Jack and Choi, for hosting this AMA.
I'm the head of B&B Chain.
So B&B Chain is a layer one for a course
combining with B&B Smart Chain, LB B&B, and Greenfield.
Together, I'm going, you know, together joining OSL team
to talk about the B&B listing, OSL, which is one of
the regulated exchange in Hong Kong.
And also wanted to share more about our BNB chain ecosystem and what is our plan for this
And to kick it off, as you know, on September 24th this year, OSL, as Hong Kong's first licensed and listed digital asset platform,
officially launched BNB trading pairs, including BNBUSD, BNBUSDT, and BNBUSDC, open to professional investors.
My initial reaction was, of course, perfect.
You know, it took like 12 days. It's not a regulatory process. That's a miracle. You know, it means we just not just have another crypto. We are a compliance asset now. We put on a suit. It's only for professional investors. Typical. While the rich guys are safe, regulated way to buy BNB, you know.
You guys have a safe, regulated way to buy BNB, you know?
While everyone else has to wrestle with the unregulated chaos, you know?
Okay, so in simple words,
now professional investors have a safe and compliant way to access BNB
with fiat currency and the most
popular stablecoins. Okay, let's now kick it off with the first question. Sarah, can you please
share on behalf of the BNB team, what was your initial reaction when you learned that BNB was
successfully approved for listing? We're quite excited for it and also proud to be listed on the OSL-HK exchange.
Actually, this year we have pushed a lot for the adoptions and listing of BNB tokens.
So you can see there is a lot of initiative about the ATs of BNB and also early this year,
Kraken, which is also a regulated exchange in the US,
listed BNB in their sport as well. We're keeping on doing so. So Hong Kong is one of the most important regions that we wanted to expand the utilities and the tradings of BNB tokens,
as well as our BNB chain ecosystem, especially onboarding more builders and developers
and even investors there.
So once we hear about that news, we're quite excited for that.
And we would love to and honor to working together with the OSL team in the future to
get more adoptions of BNB tokens and also help the institutional traders in Hong Kong especially to know more
about BNB and BNB ecosystem.
Thank you, Sarah, and congratulations on the achievements.
We'll go back to the Hong Kong point later.
So we work really closely with the regulators on token listings.
The regulation framework in Hong Kong is so different to many other countries. Even
till this day, we still find things can turn out quite unexpectedly. So this is definitely an
achievement for both OSL and BNB. You know, like BNB is from Binance. Like Binance lives
like somewhere, we don't know, maybe wears sunglasses indoor or probably runs on a server hidden in the volcano.
And now, PMB wants to wear a tie and get licensed.
Well, this only serves the crypto community good, right?
I'm the bad cops tonight all right you know
okay sarah let's come back to the space um can you explain a little bit more
and help us understand why bnb is pursuing this current growth um so as you know i think this
year is a key year for institution adoptions.
So we have been receiving a lot of interest and requests or even demand from a lot of
institutions and also the institutions or access management companies in Hong Kong.
So it's like they have the demand and then we'll be there.
So you can see that this early this year, we have an announcement and then PR together
with China Renaissance. So they have interest in buying and holding BNBs. And why don't we be,
let's say, on a regulated exchange in Hong Kong and get them to easily adopt BNB and trade BNB
in Hong Kong? That's one of the important reasons. So the demand is there.
And the second one is, as you know, BNB chain is an ecosystem.
It's a layer one protocol.
So BNB token is the governance token as well as the gas tokens of BNB chain ecosystem.
There is a lot of developers and builders and projects founders that they are based
So we wanted to find a regulated exchange in that region
that those users and even raters can easily approach BNB tokens.
So they buy it and they use it and write a smart contract on BNB chain easily.
And the final one is still, as I mentioned,
this year we saw that Hong Kong has got
really quickly in terms of the adoptions of RWE as well as Stablecoin and also a lot other
institutional adoptions. So that gives us another big reason for pushing BNB to be listed there
because we can, by doing so, we can easily work more closely with those RWA issuer and stablecoin issuer there.
Yes, that's definitely a big win for crypto.
So first off, let's be clear.
You know, BNB didn't just wander into Hong Kong and get a green light because it's decentralized or community driven.
This is a big link for threat fire so hong kong isn't just doing this because they love crypto you know
nobody actually wants to be reckless about crypto you know it's a control compliance experimentation
um maybe you know actually i wouldn't I wouldn't call it an experiment.
They're really pushing hard on the pedal there to use the protection.
So let's see how it goes.
And, yeah, speaking of Hong Kong, we briefly touched on it.
But I've always wondered what traits of BNB does this successful listing highlight that enabled it to meet Hong Kong's strict compliance requirements?
And why was Hong Kong, and
specifically OSL, chosen over other jurisdictions and partners? What significance does the Hong
Kong market hold for BNB, Sarah? So why BNB first? As I mentioned, BNB has a lot of utility there.
If you open the CoinMarketCap website, you can see BNB is one of the top cryptocurrencies
listed there, whatever in terms of market cap or other things.
And also it has a lot of utilities.
It's utility tokens on Binance.
I have to say that you can use your BNB tokens to farm whatever holders or mega drop.
There's a lot of campaigns on Binance.
There is a high APY that held in BNB there.
But also it's utility tokens and governance tokens and gas tokens on BNB chain,
which is also one of the top layer one protocols right now.
So we have one of the biggest user bases in terms of the activity
unique address. We have one of the most trading volume compared with all other layer one, layer
two protocols. We have a good circulation of stablecoin on BME chains, and we have RWA adoptions
already there. There's already over 500 million RWA-related TVO locked onto the BNB chain
ecosystem. So there is really no reason for Hong Kong regulators to not accept and give us a green
light for getting BNB tokens to be listed there under we've already been listed by almost all
under we already have been listed
by almost all those other central exchange in the world,
So that's maybe my answer to your first question, why BNB?
And the second thing is, as you mentioned,
why was Hong Kong for now, right?
We mentioned Hong Kong, they are pushing very hard
and moving very quickly this year
towards stablecoin, RWA, etc.
And we also saw that there is a big demand in terms of the BNB request in Hong Kong institutions, especially those assets management firms.
We're talking to a lot beyond China resistance.
beyond China's resistance.
So they have that request and demand there.
So they have that request and demand there.
And also we believe Hong Kong, you know,
positioning itself as a bridge between, you know,
between the Western world as well as the Asia world.
So we believe there is a big potential for Hong Kong to
growing us to be one of the most important
center of digital assets as well as crypto and blockchain technology in the futures.
So if that's the case in the future, we should definitely, you know, have our token to be
regulated, traded there, and also build our ecosystem there as well.
So that's why we choose Hong Kong this year.
But for sure, we're pushing a few other important regions as well,
including South Korea and the U.S.
So you will see there's going to be more initiatives happening in these two regions
as well later this year and early next year.
And why we're choosing OSL?
we have been talking to OSL for a while on that one,
and OSL is one of the major regulated
centralized exchange in Hong Kong.
And we understand that you guys have also
really good relationship with institutions in Hong Kong.
So we think that will be a really good match by partnering with OSL team to really enable institutional adoption of BME tokens through their partnerships with OSL team.
Wow. You know what? Consumers are really more interested in this let's kind of hide like
you know the consumer question will be like you know what's actually in this for everyone holding
bnb and building on it you know are we getting free yacht no obviously not you know and and it's fine so here's the soap part tangible benefit i'm using the word
tangible very loosely like my motivation about coffee tangible you know
so basically okay what i'm trying to say, go on Charlie.
Okay, let me take that, sorry.
Let me translate what Jack said into a language that we all can understand.
So what tangible benefits can this listing bring to the existing developers and users within the BNB ecosystem?
Okay, so I think quite simple is there's a very direct benefit. So firstly, there is
a confidence building for BNB tokens to be listed in the top tier compliant exchanges.
So that should be given a green light, as I mentioned, from one of the strict regulators, which is Hong Kong SFC. That's one of the
benefits, I think. Another one is, as I mentioned, if you are a builder or a developer on BME chain,
you need to have BNB tokens in your wallet first before you write any smart contract on BME chains.
Then how you get the BNB tokens if you just don't have any tokens or assets
in your wallet, then OSO or other regulated exchange or other central exchange will be
one of the best ways to get the BME tokens at the beginning. So that will also enable
the developers, they at least have the BME tokens, enable them to at least try and write our contract on BME chain ecosystems.
And finally, I think this path the way for a more complex financial product in the future.
So as you may know, we are also pushing the BME to be enabled to the traders or retailers in Hong Kong together with OSL. And also we are moving,
pushing the ETFs of BME tokens in Hong Kong and maybe even in other regions in the futures,
and even other structured products. So but let's see in the OSL-HK exchange, that also gives us
more potential and push us to be more quickly
and moving forward with those, you know, interesting financial products.
You know, basically it's like saying that all these wild west stuff
we used to brag about, yeah, we are putting our fences now
and hiring security and making sure everybody's west shoes you know and this is really
crypto you know putting on a suit trying to get into a country club that will be totally
want to be sure that it wants crypto inside you know but seriously hong k, you know, but why Hong Kong, you know?
Well, things might be... Jack, actually, that's also my question to you.
Why OSL is having a license in Hong Kong?
Why Hong Kong for OSL, right?
Maybe you can give me, share your insights on that point first,
and then I will share my point.
Well, because apparently,
like, I don't know what the founder was thinking back then,
you know, because they live in Hong Kong
and they started in Hong Kong.
I think that was just a really, you know,
simple as that, you know.
So for me, like, why Hong Kong and what's Hong Kong's role in the process, right?
So as I mentioned, Hong Kong plays a really important role here.
We wanted to push Hong Kong to adopt crypto, digital assets, and all other decentralized
finance more quickly, together with important player like OSL and with us,
to push their adoptions together with us. We wanted to support Hong Kong and we wanted to
support the builders in Hong Kong by doing so. And there is a bigger potential, as I mentioned,
right? There's a lot big assets management firms there, traditional traders and also technical builders based in Hong Kong.
Yeah, I completely agree.
Hong Kong is a very unique place where it has a lot of liquidity.
It has the people with real knowledge.
And I think even though Hong Kong has a small population,
but it sets a great example for other jurisdictions
and sets examples of what BNB ecosystem can do.
So even though I think things might not be so flexible in Hong Kong
when it comes to crypto and regulations,
but the upside is quite clear.
The industry heading, which is a regulator,
but very safe product here in Hong Kong.
You know, fun, not really.
You know, Hong Kong's, to some, is more like a testing lab.
You know, if it works here, every other regulator will be taking notes.
If you fear, well, you know, at least they tried with permission, you know.
Sarah, so I want to take what Jack said a little bit further.
What implications do you think this collaboration between BNB and a licensed publicly listed exchange like OSL as for the development direction of the entire industry?
How do you view Hong Kong's role in this particular process?
I'm sorry, can you repeat the question? What implications do you think this collaboration between BNB and OSL has for the entire industry?
And how do you view Hong Kong's role in this particular process?
Okay, I think there is a signal that the future of digital assets is inevitably headed towards compliance and institutions and mainstream adoptions.
So you can see because of that, more people is paying attention to BME tokens and cryptocurrencies and digital assets. And because of that, the user and investor can more easily
and securely buy the crypto assets or digital assets
in the regulated exchange.
So the collaborations with the OSL is a perfect example
of how innovative projects and regulatory frameworks
can working together to bring safe
and reliable innovative products to the
market, whatever to the rater or to the traditional qualified investors.
So Hong Kong plays the role to be one of their pioneers here and also a bridge in this process.
So we know that Hong Kong SFC already set a really strict regulation framework, but also it sets a sample and examples for other Asia Pacific region countries to be more open to digital assets and to crypto and to blockchain technology. So we are really happy and honored to be the process together with Hong Kong, SFC and
USL to push the adoptions of digital assets and building the Hong Kong to be the virtual
assets hub for Asia Pacific or even for the whole world in the future. That's wonderful, Sahar.
So now professional investors, listen up.
You're here because you want to trade crypto without a sketchy,
what is exchange-vanish tomorrow feeling?
The listing means you can finally touch your BNB
without your compliance officer having a meltdown.
Yes, you did not hear me wrong.
You know, it's like, it's crypto with a tie on.
You know, it's a digital asset trading
without are we breaking the law anxiety, okay?
So, and you get a liquidity, legitimacy, and maybe even bragging rights at your next fund meeting.
Try responsibly, all right?
Or as responsibly as one can.
So, for those listening to our space today, especially if you're a professional investor,
interested in compliant trading platform, safe and legitimate on-off ramp.
Is there anything you want to say to them, Sarah?
So holding and trading BNB is a good choice for you guys. If you wanted to trade it in Hong Kong, OSL would be one of the best choices you can make. And also if there is any further interest about not just trading the assets but also
building further on B&B chain or doing farming on DeFi protocols, please reach out to us and my team can support you
to explore more DeFi opportunities on Beammechan
to maybe even double your earn by doing those.
So we can have, you know,
go through all those opportunities together with you.
And another one is we will keep building our ecosystem in Hong Kong.
So if there is any interesting ideas from you guys, also feel free to reach out to us.
We have different incentive programs, including MVB incubation and even direct investment
as well as builder grant programs.
And also there is a lot of other incentive programs
like trading competitions, gas grant, gas rebate, et cetera.
So do follow BME Chain official Twitter's account.
We will keep you posted on if there is any new interesting adoptions
or initiatives or even campaigns happened regarding the BME tokens or BME chain ecosystem.
Thank you, Sarah. But I have to say a disclaimer, none of the above is financial, legal or even
psychological advice in any way or form. Okay. And now that BNB is playing by the book, by the rules,
traded on license exchange, like Sarah touched on, you were thinking to push forward some kind of ETFs and other structured products.
Can you share with us a little bit on that?
Because it's actually one of the questions we got from the tweet, the comments.
Yeah, so we are pushing on this direction after a listing on the licensed exchange and that do really
But all of that will be pending on the final approval of the regulatory side.
So the past right now is much clearer and easier for us and we are very helpful about
That sounds great. People do keep an eye on the progress. This would be a great step forward for
all of the cryptos, especially BNB. All right. The second questions we picked out from the audience
is, let's see, following the listing, will there be deeper ecological cooperation plans between BNB and OSL?
Definitely, we'd be happy to explore more further corporations between two sides,
especially product innovations and market educations. I do believe there is a lot institution investors or traders that they wanted to know more about BNB tokens,
not just farming the BME tokens on Binance
but more maybe how the A1 protocol is operating,
how the technicals it looks like,
and what is our ecosystem plan in the future.
We'd be happy to drive that education
and sharing initiative together with OSL. Besides that, we'd be also happy to join in exploring the regulatory compliance staking services
or co-hosting other events for institutional investors, especially in Hong Kong, together with OSL.
And if there is any other developers
that is interested in with us,
we'd be happy to do the support together
So there are gonna be a lot more,
I think initiatives happen between two sides.
On behalf of OSL, we would definitely love to work on more things with BNB ecosystem as well. And I to share so much precious highlights with us.
And today's conversation really reaffirms that BNB's listing on OSL is far more than
just adding a trading pair.
It is a victorious meeting of compliance and innovation.
So now institutions can finally enter safely.
You know, we'll continue to uphold
bringing more high quality
for people who like rules,
that kind of thing. You know, thank you, like rules, follow us because you are into that kind of thing.
You know, thank you, Sarah, from BNB, my good cops, Charlie and me, the bad boy.
So please continue to follow the official updates from OSL and B2B.
More excitement is yet to come.
You know, see you next time, maybe.
But don't forget to follow OSL,
Jack the Wrong, Charlie, and Sarah
Thank you. Thank you, thank you.