Under FMA supervision, OSL EU will provide custodial and administrative management, spot trading, deposit and withdrawal, exchange, and cryptocurrency transfer services to institutions and qualified clients in the European Economic Area.

Written by: OSL

The global stablecoin payment and trading platform OSL Group (HKEX: 863) announced today that its European subsidiary OSL EU has obtained the MiCAR license issued by the Austrian Financial Market Authority (FMA), officially becoming a "Crypto Asset Service Provider" (CASP) in the relevant jurisdiction.

With this license, OSL Group can extend its regulated digital asset services to all 30 member states of the European Economic Area (EEA) under a single license mechanism, becoming one of the few compliant platforms holding regulatory licenses in both Hong Kong and Europe.

Under FMA supervision, OSL EU will provide custodial and administrative management, spot trading, deposit and withdrawal, exchange, and cryptocurrency transfer services to institutions and qualified clients in the European Economic Area.

Kevin Cui, Executive Director and CEO of OSL Group, stated, "Europe has set a global benchmark for digital asset regulation, and most institutions in the market have failed this test. As the industry accelerates towards truly solid compliant platforms, OSL will also firmly become a long-trusted choice for clients."

This licensing comes at a critical juncture in the industry: previously, there were over 1,200 crypto enterprises registered across various countries within the EU, but as of the end of the transition period on July 1, 2026, only about 210 will have successfully converted to a full CASP license, accounting for approximately 17%. OSL Group is honored to be one of the few compliant institutions granted a license.

OSL Group started in Hong Kong, one of the most stringently regulated crypto markets globally. This licensing in Europe positions OSL among the very few institutions operating under the strict regulatory frameworks of both Asia and the EU. Currently, OSL Group has established a global compliance operation system across key markets in Asia, Australia, the United States, Canada, and Europe, holding and applying for over 50 trading and payment licenses worldwide.

Chagri Poyraz, Chief Strategy Officer of OSL Group, stated, "This test has solidly demonstrated that OSL's corporate governance structure, internal controls, and compliance system can withstand regulatory scrutiny. Institutional clients can regard this licensing as a substantive achievement and signal."

Marie Winter, General Manager of OSL EU, stated, "Obtaining the MiCAR license from the Austrian FMA is no routine procedure; a company must have institutional-level corporate governance, a robust compliance infrastructure, and solid operational capabilities. This license allows OSL to maintain consistent, predictable, and robust operations in the European market from day one."

As the MiCAR transition period comes to an end, the European market will become more concentrated and institutionalized, with funds and resources gravitating toward a few fully licensed platforms. This licensing marks a solid position for OSL on the compliant side of this dividing line and aligns closely with the group's consistent mission—to build a comprehensive compliance infrastructure around stablecoin transactions, institutional payments, and cross-border value transfer.