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Crypto & Digital Assets · Austria

Crypto license in Austria: MiCA CASP requirements (2026)

RegulatedEU Markets in Crypto-Assets Regulation (MiCAR, Reg. (EU) 2023/1114) implemented nationally by the MiCA-Vollzugsgesetz (MiCA-VG, in force 20 July 2024), supervised by the Austrian Financial Market Authority (FMA); supported by the FM-GwG (AML), the Income Tax Act (EStG §27b) and the Crypto Asset Reporting Act (Krypto-MPfG, in force 1 Jan 2026).Country index 90 · A+

Austria shaded by its crypto & digital assets status

Crypto is regulated in Austria, primarily under EU Markets in Crypto-Assets Regulation (MiCAR, Reg. (EU) 2023/1114) implemented nationally by the MiCA-Vollzugsgesetz (MiCA-VG, in force 20 July 2024), supervised by the Austrian Financial Market Authority (FMA); supported by the FM-GwG (AML), the Income Tax Act (EStG §27b) and the Crypto Asset Reporting Act (Krypto-MPfG, in force 1 Jan 2026)..

Crypto is fully legal in Austria and now sits inside a comprehensive, in-force EU framework. MiCAR has applied in full since 30 December 2024 and Austria designated the FMA as the sole competent authority via the MiCA-Vollzugsgesetz (20 July 2024); the FMA has already authorised major CASPs (e.g. Bybit EU, KuCoin EU, AMINA Bank) and existing Austrian VASPs must convert to MiCAR licences (transition window ends 1 July 2026, with services ceasing for unlicensed firms after 31 Dec 2025). Crypto income is taxed under a dedicated regime at 27.5% with KESt withholding by Austrian providers, and CARF/DAC8 reporting via the Krypto-MPfG took effect on 1 January 2026.

How to get a crypto license in Austria

To provide crypto-asset services in Austria you need a MiCA CASP authorisation (Crypto-Asset Service Provider), supervised by the Austrian Financial Market Authority (FMA), under the EU Markets in Crypto-Assets Regulation (MiCA), Title V.

Authority
the Austrian Financial Market Authority (FMA)
License required
a MiCA CASP authorisation (Crypto-Asset Service Provider)
Framework / law
the EU Markets in Crypto-Assets Regulation (MiCA), Title V
Minimum capital
€50,000–€150,000 minimum, by service class (Class 1/2/3)
Timeline
about 40 working days of substantive review; 1–3 months for a well-prepared application
Cost
an application fee of roughly €5,000–€25,000, plus ongoing supervisory fees
Passporting
Yes — a single MiCA CASP licence passports across all 27 EU member states.

Crypto license in Austria: FAQ

Do you need a license to run a crypto business in Austria?

Yes. To provide crypto-asset services in Austria you need a MiCA CASP authorisation (Crypto-Asset Service Provider), supervised by the Austrian Financial Market Authority (FMA), under the EU Markets in Crypto-Assets Regulation (MiCA), Title V.

Which authority issues crypto licenses in Austria?

The Austrian Financial Market Authority (FMA).

How much does a crypto license cost in Austria?

An application fee of roughly €5,000–€25,000, plus ongoing supervisory fees.

How long does it take to get a crypto license in Austria?

Typically about 40 working days of substantive review; 1–3 months for a well-prepared application.

Does a Austria crypto license work in other EU/EEA countries?

Yes — a single MiCA CASP licence passports across all 27 EU member states.

Key points

MiCAR in force, FMA is competent authority

The MiCA-Vollzugsgesetz (MiCA-VG) entered into force on 20 July 2024 and designates the FMA as competent authority for authorising and supervising CASPs and issuers; MiCAR has applied in full since 30 December 2024.

Transition for existing VASPs

Pre-existing Austrian VASPs registered under the FM-GwG must obtain a MiCAR CASP licence; the transitional regime runs to 1 July 2026, and the FMA has signalled unlicensed providers must cease regulated services after 31 December 2025.

Major MiCAR licences granted

The FMA has issued full MiCAR CASP licences to international operators including Bybit EU (May 2025), KuCoin EU Exchange GmbH (27 Nov 2025) and Swiss AMINA Bank (Nov 2025), giving EEA passporting from Austria.

Dedicated crypto tax regime

Under §27a/27b EStG, current income and capital gains from crypto holdings are taxed at a flat special rate of 27.5%; since 1 Jan 2024 Austrian providers must withhold KESt as final tax, and crypto-to-crypto swaps remain tax-neutral.

CARF/DAC8 reporting (Krypto-MPfG)

The Crypto-Asset Reporting Act (Krypto-Meldepflichtgesetz, Krypto-MPfG) transposes DAC8/CARF and is in force from 1 January 2026, obliging CASPs to report client transaction and holding data to Austrian tax authorities.

AML/KYC and DORA overlay

MiCAR-licensed CASPs are obliged entities under the FM-GwG (Austrian AML law) and must also comply with the Travel Rule (Reg. (EU) 2023/1113) and DORA (Reg. (EU) 2022/2554), applicable since 17 Jan 2025.

Timeline - major decisions & events

Nov 3, 2025decision
Swiss crypto bank AMINA secures MiCA license in Austria

AMINA Bank received a MiCAR authorisation from the FMA, joining a growing roster of crypto firms choosing Austria as their EU base under the harmonised regime.

CoinDesk
May 29, 2025decision
Bybit obtains MiCAR license in Austria

Major exchange Bybit secured FMA authorisation as a crypto-asset service provider in roughly 4-5 months, signalling Austria's emergence as a preferred EU licensing hub.

The Cryptonomist
Apr 1, 2025decisionofficial
Bitpanda becomes first FMA-authorised CASP under MiCAR

The FMA granted Bitpanda GmbH authorisation as a crypto-asset service provider under Article 63 MiCAR, the first full MiCAR licence issued in Austria.

FMA Österreich
Dec 30, 2024lawofficial
MiCAR fully applicable; FMA assumes comprehensive crypto supervision

Title V (CASP authorisation and ongoing supervision) provisions of MiCAR took effect, making the FMA the comprehensive supervisor of Austria's crypto market, with a transitional period for existing providers running to end-2025.

FMA Österreich
Jul 20, 2024lawofficial
MiCAR Enforcement Act (MiCA-VVG) enters into force

Austria's national transposition law, passed by the National Council on 3 July 2024, took effect and designated the FMA as the competent authority for all crypto-asset activities, with administrative penalties up to EUR 15 million for market abuse.

FMA Österreich
Jun 30, 2024lawofficial
MiCAR stablecoin rules (ART/EMT) become applicable

Titles III and IV of the EU Markets in Crypto-Assets Regulation, governing asset-referenced tokens and e-money tokens, began applying in Austria, the first MiCAR provisions to take effect.

FMA Österreich
Mar 1, 2022lawofficial
Crypto taxed as capital assets under Eco-Social Tax Reform

New rules treating income from crypto-assets as capital income taxed at the special 27.5% rate took effect, giving holders tax certainty and allowing losses to be offset against other capital gains.

BMF (Federal Ministry of Finance)
Sep 1, 2020lawofficial
FMA regulatory sandbox launched

An amendment to the Financial Market Authority Act (new §23a FMABG) created a regulatory sandbox for fintech, DLT and crypto-asset business models, easing the path to becoming a supervised entity.

FMA Österreich
Jan 10, 2020lawofficial
VASP registration requirement takes effect under FM-GwG

Transposing the EU 5th AML Directive, the Financial Market Anti-Money Laundering Act required virtual asset service providers (exchanges, custodial wallets, issuers/transfers) to register with the FMA for AML/CFT purposes or cease operating in Austria.

FMA Österreich
Feb 15, 2018incidentofficial
Optioment Bitcoin Ponzi scheme triggers Europe-wide probe

The collapse of the Austrian-linked 'Optioment' scheme, up to 10,000 victims and ~12,000 BTC (≈$115m) lost, prompted FMA cooperation with Vienna prosecutors and a cross-border investigation, spotlighting crypto fraud risks.

FMA Österreich

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