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Swiss crypto bank Amina applies for an Austrian VASP license

On September 10th, Franz Bergmüller, CEO of Switzerland-based crypto bank Amina, said that the company is applying for a virtual asset service provider (VASP) license from the Austrian financial marekt authority. Bergmüller said that the bank must form a new team before it can do business or generate revenue in Austria. Franz Bergmüller said: "As a bank, we are close to breaking even, but for now we have deliberately decided to prioritize investment growth." It is reported that Amina, formerly known as SEBA Bank, established its headquarters in Zug, Switzerland, in April 2022.