Banking group's Austrian subsidiary among first to receive crypto-asset service provider authorization under Europe's new regulatory frameworkBanking group's Austrian subsidiary among first to receive crypto-asset service provider authorization under Europe's new regulatory framework

Swiss Crypto Bank AMINA Secures MiCA License in Austria for EU Expansion

2025/11/04 11:06
2 min read
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Swiss Crypto Bank AMINA Secures MiCA License in Austria for EU Expansion

AMINA Bank AG announced Monday that its Austrian subsidiary has obtained a Crypto-Asset Service Provider (CASP) license from Austria's Financial Market Authority, making it the first crypto banking group to secure approval under Europe's Markets in Crypto-Assets (MiCA) framework.

The Zug, Switzerland-based banking group's newly established entity, AMINA (Austria) AG, is among the first companies to receive MiCA licensing from the Austrian regulator. The authorization positions AMINA for rapid expansion across the European Union's 27 member states.

MiCA, which took effect across the EU in December 2024, establishes licensing requirements for crypto service providers. The framework aims to provide regulatory clarity while protecting investors in digital asset markets.

AMINA EU will launch with regulated crypto trading, custody, portfolio management, and staking services targeting professional investors including family offices, corporates, and financial institutions. The subsidiary has already been notified in 13 additional European countries and can expand into more than 30 markets across the continent.

"Together with our licenses in Switzerland, Hong Kong, and Abu Dhabi, this milestone enables us to offer clients global and market leading service through operations built for scale, security, and long-term success," said Franz Bergmueller, CEO of AMINA Bank.

The MiCA license authorizes AMINA EU to provide custody of crypto assets, exchange crypto for fiat currencies or other digital assets, transfer services, and portfolio management. The comprehensive framework represents Europe's first unified regulatory approach to crypto-asset service providers.

AMINA selected Austria as its European entry point due to the country's regulatory excellence and commitment to investor protection, according to the company.

"Professional investors in Europe are seeking secure, regulated access to crypto, and we're meeting that demand with the launch of AMINA's European operations in Austria," said Eckehard Stolz, managing director of AMINA EU. "By combining Swiss banking DNA and deep expertise with Austrian regulatory strength, we are building the trusted infrastructure to bridge traditional finance and crypto."

AMINA Group maintains licenses across multiple jurisdictions including Switzerland, Hong Kong, and Abu Dhabi.

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