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Amina Austria, the Austrian division of the bank, announced the completion of the licensing phase. Now, having received approval from the Austrian financial markets regulator (FMA), the company is officially recognized as a provider of crypto asset management services.

This license opens up wide opportunities for the bank to provide a full range of services to customers throughout the European Union. In particular, we are talking about the secure storage of cryptocurrency assets, their exchange, participation in staking, as well as expert management of investment portfolios in digital assets.

The bank's clients in this area will mainly be management companies, financial institutions and corporate investors who are interested in working with digital assets through a reliable and controlled system.

The choice of Austria to host the unit is not an accident. The management emphasizes that the local financial legislation is clear and aimed at protecting investors, which fully complies with the principles of Amina. According to the head of the company, Franz Bergmuller, obtaining a license indicates that the group is ready to work according to the strictest standards. It is important that the Austrian license is valid throughout the EU.

The fact that Amina has received a license to work with crypto shows how digital assets are gradually becoming part of the conventional financial system. This, in turn, creates a reliable and controlled platform for institutional investors to interact with cryptocurrencies.