AMINA Bank Secures MiCA License in Austria for EU Crypto Services

AMINA Bank's Austrian subsidiary, AMINA (Austria) AG, has obtained a Crypto-Asset Service Provider license under the Markets in Crypto-Assets (MiCA) framework. This allows the bank to offer crypto services to professional investors across the EU and European Economic Area without needing separate authorizations for each market.

The license was granted by Austria’s Financial Market Authority on Oct. 29 and announced publicly on Nov. 3.
Services covered include custody, exchange of crypto-for-fiat, crypto-for-crypto, portfolio management, and transfer services for crypto assets.
AMINA plans to introduce crypto staking, although this is not part of the official authorization list.

AMINA operates as a Swiss-regulated financial institution with additional licenses in Hong Kong and Abu Dhabi. The Austrian entity is fully owned by the Swiss parent company.

European Institutional Market Competition

Several firms are securing MiCA licenses, like Blockchain.com in Malta.
Competitors include Swiss digital asset bank Sygnum and traditional institutions like Societe Generale and Bitpanda, which have launched regulated stablecoins.
The MiCA framework faces criticism for its regulatory complexity, with concerns about overlapping payment services rules potentially causing a regulatory standstill in March 2026.

AMINA aims to target professional investors using MiCA's passporting mechanism, enabling operations across the EU without multiple licenses.