From Hong Kong to Europe: OSL Clears MiCAR in Austria, Joining the Minority of Platforms to Meet Europe’s Stringent Crypto Rulebook
OSL Group (HKEX: 863), a worldwide stablecoin cost and buying and selling platform, right this moment introduced that its European subsidiary, OSL EU, has been approved as a Crypto-Asset Service Provider (CASP) by the Austrian Financial Market Authority (FMA) below the European Union’s Markets in Crypto-Assets Regulation (MiCAR). This authorization grants OSL Group the capacity to passport its suite of regulated crypto-asset providers throughout all 30 nations of the European Economic Area, positioning OSL Group one of a really small and elite tier of corporations approved below each Hong Kong’s and Europe’s licensing regimes.
This milestone lands at the second MiCAR separates the absolutely licensed corporations from the relaxation. Of greater than 1,200 crypto corporations that held nationwide registrations throughout the EU, solely about 210, roughly 17%, transformed to full CASP authorization by the regime’s 1 July 2026 deadline. The relaxation have exited or misplaced the authorized proper to serve EU purchasers, and a number of other of the business’s largest names are usually not amongst these approved. Narrowed to buying and selling platforms, the discipline is smaller nonetheless.
“MiCAR is the most demanding check the world crypto business has confronted, and the outcomes at the moment are on the document: fewer than one in 5 beforehand registered corporations efficiently transitioned to full CASP authorization, and a few of the largest names in the business are usually not on the checklist,” mentioned Chagri Poyraz, Chief Strategy Officer of OSL Group. “Clearing it’s not a advertising and marketing line. It is proof {that a} agency’s governance, controls and compliance truly maintain up below a regulator’s scrutiny, somewhat than a promise that they’d. That is the normal now we have constructed OSL Group round from our Hong Kong base outward, and it’s why establishments can learn this authorization as a sign, not a slogan.”
Global Compliance Footprint: From Hong Kong to Europe
OSL Group’s place to begin is one of the most tightly regulated crypto markets in the world. The group mother or father firm OSL Group Limited is listed on the Hong Kong Stock Exchange and it’s subsidiary OSL Digital Securities Limited was amongst the first virtual-asset platforms licensed by Hong Kong’s Securities and Futures Commission (SFC), a regime recognized for setting a high bar on custody, investor safety and market conduct. Securing MiCAR authorization in Austria extends that very same licensed mannequin into Europe and locations OSL Group in the uncommon place of working below two of the most stringent digital-asset frameworks in existence, one in Asia and one in the EU. For establishments selecting a companion for the long run, that twin standing is the differentiator.
“Europe set the world benchmark for digital-asset regulation, and most of the market didn’t make it by means of,” mentioned Kevin Cui, Executive Director and Chief Executive Officer of OSL Group. “Building on our Hong Kong basis, our current Australian licence, and our authorizations throughout Asia and the Americas, that is what long-term, institution-grade infrastructure appears to be like like. As the business consolidates round the platforms that did the work correctly, we intend to be one of the names that lasting belief is constructed on.”
Unlocking the EEA: One authorization, Thirty markets
Under the FMA authorization, OSL EU is empowered to serve institutional and eligible purchasers throughout the European Economic Area (EEA) with custody and administration of crypto-assets, spot buying and selling, on and off-ramp and conversion providers, and the switch of crypto-assets. Because MiCAR replaces 27 separate nationwide regimes with one harmonized framework, a single authorization passports throughout the total bloc. In apply, this strengthens OSL Group’s capacity to open European banking relationships, entry native cost rails, and win enterprise counterparties who will solely work with absolutely regulated entities.
The European authorization extends one of the broadest multi-jurisdictional footprints in the sector. OSL Group operates below regulated frameworks throughout Asia, Australia, the United States, Canada and, now, Europe, and the group holds or is pursuing greater than 50 buying and selling and cost licences worldwide. The FMA authorization enhances the MiCAR licence already held in the Netherlands by EU Internet Ventures B.V, one other OSL Group subsidiary, offering the Group with enhanced operational resilience and a strong regulatory basis throughout Europe.
“Securing MiCAR authorization from the Austrian FMA is just not a formality. It requires real institutional-grade governance, compliance infrastructure and operational controls,” mentioned Marie Winter, Managing Director of OSL EU. “This authorization confirms that our framework meets
the normal EU regulators set, and it lets OSL Group function constantly and predictably throughout the European market from day one.”
The Flight to Quality: Leading the Post-Transition European Market
MiCAR is the first absolutely harmonized crypto framework of its form, and the 1 July 2026 transition has made it a tough line somewhat than an aspiration. Regulators have confirmed there is no such thing as a interim standing and no extension. The market that emerges will probably be extra concentrated, extra institutional, and anchored by the choose quantity of platforms that maintain a licence. This authorization is a deliberate place on the licensed facet of that line, in keeping with the OSL Group’s mission of constructing compliant infrastructure for stablecoin buying and selling, institutional funds and cross-border worth motion, from Hong Kong to Europe and past.
Remark:
The authorized title of OSL EU is at the moment nonetheless CIGE vierte PGG GmbH. The firm is anticipated to be renamed OSL EU GmbH in the close to future, and the corresponding title change course of is at the moment underway.
About OSL Group
OSL Group (HKEX: 863) is a worldwide stablecoin cost and buying and selling platform that strives to present compliant and environment friendly digital monetary infrastructure providers globally, empowering enterprises, monetary establishments and people to seamlessly trade, pay, commerce, and settle between fiat and digital currencies. Grounded in the core values of Open, Secure, and Licensed, it’s dedicated to constructing a extra environment friendly ecosystem that connects world markets and allows on the spot, seamless and compliant worth motion worldwide. For media inquiries, please contact: media@osl.com
About OSL EU
OSL EU (authorized entity: CIGE Vierte PGG GmbH) is the European subsidiary of OSL Group (HKEX: 863), approved below the Markets in Crypto-Assets Regulation (MiCAR) by the Austrian Financial Market Authority (FMA). Under the newly granted authorization, OSL EU will present custody and administration, spot buying and selling, on/off-ramp and conversion providers, and the switch of crypto-assets to institutional and retail purchasers throughout all 30 EEA nations.
Disclaimer
This article is for informational functions solely and doesn’t represent, and shall not be construed as, a suggestion, solicitation, invitation, advice, or inducement to purchase, promote, subscribe for, or in any other case deal in any digital belongings, securities, or monetary merchandise. It doesn’t represent monetary, funding, authorized, tax, accounting, or different skilled recommendation and shouldn’t be relied upon as such. The views, statements, and knowledge contained herein don’t essentially replicate the official positions or commitments of OSL Group or any of its associates.
Any descriptions of future merchandise, providers, or operational capabilities are for basic reference solely. The rollout, provision, and participation in any associated services or products are topic to operational readiness, relevant phrases and circumstances, and ongoing compliance with relevant regulatory necessities.
This article could comprise forward-looking statements or indicative data. Actual outcomes, operational timelines, and repair availability could differ materially from these projected, and OSL Group assumes no obligation to revise or replace such forward-looking data.
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