In an administrative decision issued by the Austrian Financial Market Authority (FMA) dated 19.11.2021, the approval of the registration granted by means of an administrative decision by the Austrian Financial Market Authority (FMA) dated 24.11.2020, for BTM Service GmbH (FN 287955 p), with its registered office at Unterbings 2, 6700 Bludenz, as a virtual asset service provider pursuant to Article 32a para. 1 of the Financial Markets Anti-Money Laundering Act (FM-GwG; Finanzmarkt-Geldwäschegesetz), for the exchanging of virtual currencies into fiat money and vice versa (Article 2 no. 22 lit. b FM-GwG) has been withdrawn.
The registration was surrendered at the request of BTM Service GmbH. It is therefore prohibited for the company to exchange virtual currencies for fiat money and vice versa as well as to conduct transactions using “Bitcoin vending machines”.