OSL Group (HKEX: 863), a global stablecoin payment and trading platform, announced today that its European subsidiary, OSL EU, has been granted a MiCAR license by the Austrian Financial Market Authority (FMA), officially designating it as a “Crypto-Asset Service Provider” (CASP) within the relevant jurisdiction.
With this license, OSL Group can leverage the single-license passporting mechanism to extend its regulated digital asset services across all 30 member states of the European Economic Area (EEA), placing it among the select few compliant platforms holding regulatory licenses in both Hong Kong and Europe.Under FMA supervision, OSL EU will offer custody and administration, spot trading, deposit and withdrawal services, and crypto-asset transfer services to institutional and qualified clients within the EEA.[PANews]