Regulated HK Crypto Exchange OSL Hires 6 Senior Staff
Two of the hires, Joe Zhou and Arion Ho, join OSL from the Hong Kong Stock Exchange.

OSL, Hong Kong’s first licensed cryptocurrency exchange, has hired six senior staff members, including two from the Hong Kong Stock Exchange (HKEX).
Joe Zhou and Arion Ho join OSL as director of business development and head of exchange operations in the U.K. respectively, according to a press release shared with CoinDesk on Thursday.
Zhou served as senior vice president of global client development at the HKEX. Ho was a senior vice president leading night-time exchange operations.
The other people joining OSL are Colm Furlong, head of Software as a Service; James Cunningham, principal engineer in the U.K.; George Carr, director of U.K. infrastructure and operations; and Fergus MacDermot, director of service reliability.
Read more: BC Group, VSAL Join Forces to Serve Institutional Bitcoin Market in Asia
The hires form part of OSL and parent company BC Technology Group's global expansion following its partnership with Standard Chartered to launch a digital asset brokerage and exchange for the European and U.K. markets.
OSL became Hong Kong's first regulated crypto exchange when it received a license from the Securities and Futures Commission in August 2020. Trading on the platform began in March.
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Bitcoin could fall to $10,000 as U.S. recession risk builds, Mike McGlone says

McGlone links bitcoin’s downturn to record U.S. market cap-to-GDP levels, low equity volatility and rising gold prices, warning of potential contagion into stocks.
What to know:
- Bloomberg Intelligence strategist Mike McGlone warns that collapsing crypto prices and a potential bitcoin slide toward $10,000 could signal mounting financial stress and foreshadow a U.S. recession.
- McGlone argues the post-2008 "buy the dip" era may be ending as crypto weakens, stock market valuations sit near century highs relative to GDP, and equity volatility remains unusually low.
- Market analyst Jason Fernandes counters that a drop to $10,000 bitcoin would likely require a severe systemic shock and recession, calling such an outcome a low-probability tail risk compared with a milder reset or consolidation.










