The Austrian Financial Market Authority (FMA; Finanzmarktaufsichtsbehörde) is required under Article 23a para. 4 of the Financial Market Authority Act (FMABG; Finanzmarktaufsichtsbehördengesetz) to publish about participants in its Regulatory Sandbox on its website. AMINA (Austria) AG (Commercial Register No. FN 631729p) was admitted to the Regulatory Sandbox by means of an FMA administrative decision dated 03.09.2024.
In an FMA administrative decision dated 29.10.2025, AMINA (Austria) AG, as a participant in the Regulatory Sandbox, was granted an authorisation as a crypto-asset service provider pursuant to Article 63 of Regulation (EU) 2023/1114 (MiCAR; Markets in Crypto Assets Regulation). The company is authorised to provide the following crypto-asset services:
- providing custody and administration of crypto-assets on behalf of clients (Article 3 (1) point 16 lit. a MiCAR)
- exchange of crypto-assets for funds (Article 3 (1) point 16 lit. c MiCAR)
- exchange of crypto-assets for other crypto-assets (Article 3 (1) point 16 lit. d MiCAR)
- portfolio management on crypto-assets (Article 3 (1) point 16 lit. i MiCAR)
- providing transfer services for crypto-assets on behalf of clients (Article 3 (1) point 16 lit. j MiCAR)
The business model covers the offering of B2B2C solutions for financial institutions and other crypto-asset service providers for institutional investors and (ultra) high-net-worth individuals (HNWIs) in the European Economic Area. In doing so, innovative use is made of the technical infrastructure that belongs to a credit institution that is a member of the group of companies, with the custody of crypto-assets inter alia also taking place using offline wallets (cold storage) that offer an increased level of protection.
The issuing of the administrative decision granting an authorisation marks its entry into the test phase (phase III) of the four phase process in the Regulatory Sandbox. During the course of this stage, the entity provides crypto-asset services that require a authorisation and is supervised by the FMA in doing so.
An entity’s participation in the Regulatory Sandbox is time-limited to a period of two years.