Swiss crypto bank Amina applies for Austrian VASP license

Odaily Planet Daily News: Franz Bergmüller, CEO of Amina, a crypto bank based in Switzerland, stated that the company is applying for a Virtual Asset Service Provider (VASP) license from the Austrian Financial Market Authority. Bergmüller mentioned that the bank must establish a new team before starting operations or generating revenue in Austria. He said, 'As a bank, we are approaching breakeven, but currently, we have deliberately decided to prioritize investment growth.' Amina, formerly known as SEBA Bank, established its headquarters in Zug, Switzerland in April 2022.