Austria: Crypto Firms Face EUR200K Fine Under New AML Directive
(World News Austria)

Advertisment Crypto businesses in Austria can be fined up to 200,000 EUR (above $221,000) starting from tomorrow, if they do not operate under the country’s new licensing requirements. Austria’s FMA Calls Crypto Firms to be Counted Austria, one of the more liberal countries when it comes to crypto trading, will require all operators within the country to register with the Financial Markets Authority (FMA). License applications must prove the business has sufficient liquidity, resources and performs due diligence, or...