OSL Group secures MiCAR authorization to serve 30 EEA markets
OSL Group's European subsidiary OSL EU has been authorized as a Crypto-Asset Service Provider by the Austrian FMA under MiCAR, allowing the firm to passport services across 30 EEA countries. This achievement places OSL Group in a small minority of firms, approximately 17%, that successfully transitioned to full authorization by the July 1, 2026 deadline. The group now operates under two of the world's most stringent digital-asset frameworks in Hong Kong and Europe.
*this image is generated using AI for illustrative purposes only.
OSL Group (HKEX: 863) has secured authorization for its European subsidiary, OSL EU, to operate as a Crypto-Asset Service Provider (CASP) under the European Union's Markets in Crypto-Assets Regulation (MiCAR). Granted by the Austrian Financial Market Authority (FMA), the authorization enables OSL Group to passport its suite of regulated crypto-asset services across all 30 countries of the European Economic Area. This development positions OSL Group among a select tier of firms authorized under both Hong Kong's and Europe's licensing regimes.
The milestone follows the July 1, 2026 deadline for MiCAR transition, which resulted in a significant consolidation of the European crypto market. Of more than 1,200 crypto firms that held national registrations across the EU, only about 210, or roughly 17%, converted to full CASP authorization. The remaining firms have exited or lost the legal right to serve EU clients.
Regulatory Milestone and Market Impact
The authorization confirms that OSL EU meets the stringent governance, compliance infrastructure, and operational controls required by EU regulators. This regulatory clearance allows the firm to offer custody and administration of crypto-assets, spot trading, on and off-ramp services, and transfer services to institutional and eligible clients throughout the EEA.
| Metric | Detail |
|---|---|
| Regulator | Austrian Financial Market Authority (FMA) |
| Regulation | Markets in Crypto-Assets Regulation (MiCAR) |
| Authorization Status | Crypto-Asset Service Provider (CASP) |
| Scope | 30 European Economic Area (EEA) countries |
| Transition Success Rate | ~17% of previously registered firms |
Global Compliance Footprint
OSL Group's entry into Europe complements its existing regulated presence in Asia, Australia, the United States, and Canada. The group holds or is pursuing more than 50 trading and payment licences worldwide. The parent company, OSL Group Limited, is listed on the Hong Kong Stock Exchange, and its subsidiary OSL Digital Securities Limited was among the first virtual-asset platforms licensed by Hong Kong's Securities and Futures Commission (SFC).
The FMA authorization also enhances the group's operational resilience in Europe by working alongside its existing Dutch licence held by EU Internet Ventures B.V. This dual structure provides a robust regulatory foundation across the continent. OSL EU, currently legally named CIGE vierte PGG GmbH, is expected to be renamed OSL EU GmbH in the near future.
How will OSL Group leverage its dual regulatory standing in Hong Kong and Europe to capture institutional market share?
What specific growth strategies will OSL EU employ to differentiate itself from the remaining 17% of authorized CASP firms?
Will the successful implementation of MiCAR influence OSL Group's expansion plans into other emerging regulatory jurisdictions?
18
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
