OSL Group's European subsidiary, OSL EU, has been granted a MiCAR license by the Austrian Financial Market Authority, officially designating it as a "Crypto-Asset Service Provider" in the region. This license enables OSL EU to offer regulated digital asset services across all 30 member states of the European Economic Area (EEA) through the single license passporting mechanism. Under the supervision of the FMA, OSL EU will provide services such as custody, spot trading, fiat on/off ramping, and crypto-asset transfers to institutional and qualified clients. The award of this license is significant as it positions OSL Group among a select group of platforms compliant with regulations in both Hong Kong and Europe. This development comes as the industry faces a regulatory shift, with only about 17% of previously registered crypto firms in the EU successfully converting to a full CASP license by the end of the transition period on July 1, 2026.