The Austria Financial Market Authority has published a new edition of its consumer information series explaining how investors can identify licensed crypto asset service providers and verify their authorisation under the European Union Markets in Crypto-Assets Regulation. The publication outlines what FMA authorisation means in practice, including checks before a firm starts operating and ongoing requirements on organisation, financial resources, IT security, governance, segregation and safekeeping of client funds and crypto assets, risk management, and transparent customer information. MiCAR has applied since 2025 as the first uniform European framework for crypto asset service providers. In Austria, the FMA had authorised eight CASPs by the end of 2025 and now counts nine, with seven already using the European Union passport for cross-border activity. Crypto assets held by Austrian CASPs exceeded EUR 4.4 billion at the end of 2025, and around one million users traded at least once during 2025. A further 93 European CASPs can currently offer services in Austria. The publication also addresses crypto fraud, including how to distinguish regulated providers in the European Economic Area from third-country firms and how to check a provider's status in the FMA company database.
Austria Financial Market Authority2026-06-03
Austria Financial Market Authority explains how to identify licensed crypto providers as nine CASPs hold Austrian authorisation
The Austria Financial Market Authority has issued updated consumer guidance on identifying licensed crypto asset service providers and verifying their authorisation under the EU Markets in Crypto-Assets Regulation, including what FMA authorisation entails. The FMA reports nine authorised providers in Austria, seven using the EU passport, crypto assets exceeding EUR 4.4 billion, and around one million users trading at least once in 2025, while 93 European providers may also offer services in Austria. The guidance explains how consumers can distinguish regulated EEA providers from third-country firms and check authorisation status in the FMA database.