OSL Group Gets MiCA License, Joins Elite 17% of Crypto CASPs

OSL Group's European subsidiary received authorization as a Crypto-Asset Service Provider from Austria's Financial Market Authority. The approval, granted under the EU's Markets in Crypto-Assets Regulation, lets OSL offer custody and spot trading services, plus on/off-ramp capabilities, to institutional and retail clients across all 30 European Economic Area nations.

Out of more than 1,200 firms that held national registrations across EU member states, roughly 210 obtained CASP authorization by the July 1, 2026 deadline. That is about 17% of the total. The low pass rate reflects a substantially higher bar than previous national regimes required. Firms needed to demonstrate adequate capital reserves and consumer protection measures. Governance structures also had to meet MiCA's uniform standards.

MiCA went into full effect in stages. The CASP authorization deadline was the final major implementation step for service providers. The regulation replaces the patchwork of national registration systems with a single rulebook.

OSL chose the Austrian regulator as its gateway, gaining passporting rights across all EEA countries. The subsidiary previously named CIGE Vierte PGG GmbH now operates simply as OSL EU. The company already held a MiCAR license through a Dutch subsidiary, giving it dual regulatory anchoring on the continent. OSL Group, listed on the Hong Kong Stock Exchange under ticker 863, holds a license from Hong Kong's Securities and Futures Commission. Across its global operations, OSL has pursued more than 50 licenses or registrations.