Swiss crypto bank Amina has secured a Crypto-Asset Service Provider (CASP) licence from Austria’s Financial Market Authority (FMA) under the MiCA framework via its EU subsidiary, Amina (Austria) AG, paving the way for its entry into the EU market.
The authorisation enables Amina’s EU unit to offer regulated crypto trading, portfolio management, custody, and staking services to professional investors, including family offices, corporations, and financial institutions.
Founded in 2018 and headquartered in Zug, Switzerland, Amina is seeking to connect traditional and digital finance by offering bank accounts, loans, credit cards, crypto trading, staking, and asset management services. The Austrian licence adds to Amina’s existing regulatory approvals in Switzerland, Hong Kong, and Abu Dhabi.
According to a company statement, Amina’s EU subsidiary is “already notified in 13 additional European countries” and is “well positioned to expand into more than 30 markets across Europe”.
The European expansion is being led by managing director Eckehard Stolz, former CTO of Accenture’s Payment Platform-as-a-Service in the DACH region. “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,” says Stolz.
Source: https://www.fintechfutures.com/
