Swiss bank AMINA receives license to provide crypto services across Europe

Key points:

• Swiss digital asset bank AMINA has received a license from the FMA, which will allow it to provide crypto services throughout Europe under the MiCA regime.
• The company plans to offer cryptocurrency trading, custody services, staking, and portfolio management for institutional clients.

Swiss digital asset bank AMINA has received a license from the Austrian Financial Market Authority (FMA) to provide cryptocurrency services throughout Europe under the MiCA regulatory regime (MiCA).

AMINA plans to provide cryptocurrency trading, asset storage, portfolio management, and staking to professional clients, including family offices, corporations, and financial institutions.

AMINA Bank CEO Franz Bergmueller noted:

“We offer everything from bank accounts to crypto-bank loans, all done in a regulated way. We are also now serving these new digital asset treasury companies, and we started doing tokenization years ago – our gold token product is skyrocketing at the moment.”

Why Austria?

Austria was chosen as the European entry point for AMINA EU due to its clear regulations and reliable protection of investor interests. The country has already attracted major crypto companies, including Bitpanda and Bybit, and the Kucoin platform is awaiting a license.

Speaking about Austria as a possible crypto base under MiCA, Bergmueller added:

“We received a full banking license from FINMA in Switzerland, so I think we can make comparisons. I can tell you the FMA in Vienna has the highest standards you can imagine.”

The creation of a single regulatory framework for crypto companies in the EU shows that the digital asset market is becoming more mature. However, the implementation of MiCA has not been without difficulties. In September, the Austrian regulator FMA, together with its colleagues from France and Italy, advocated for stronger EU control over MiCA.

About the crypto bank

AMINA Bank (formerly SEBA Bank) is licensed by the Swiss Financial Market Supervisory Authority (FINMA) and also has licenses to work with cryptocurrencies in Hong Kong and Abu Dhabi. It focuses on serving private clients and accredited investors. Its partners include private bank Julius Baer and LGT Bank, owned by the Princely Family of Liechtenstein.

In October, Swiss startup Relai received a MiCA license from the French regulator AMF, becoming one of the first specialized bitcoin companies with such a license in Europe.