🇦🇹 Austria vs 🇱🇺 Luxembourg: crypto licensing compared

Choosing between Austria and Luxembourg for a crypto licence starts with who you will answer to: Finanzmarktaufsicht (FMA) Österreich on one side, Commission de Surveillance du Secteur Financier (CSSF) on the other, via the MiCA CASP Authorisation granted by the Austrian Financial Market Authority (FMA) and the MiCA CASP Authorisation granted by the Commission de Surveillance du Secteur Financier (CSSF) respectively. The two regimes differ on 6 of 9 tracked decision dimensions, including timeline to authorisation and local substance. Every figure behind the comparison carries a last-verified date and a primary source.

Austria: verified 2026-07-03 · Luxembourg: verified 2026-07-02

Dimension	🇦🇹 Austria partly open Verified 2026-07-03	🇱🇺 Luxembourg partly open Verified 2026-07-02
Licence type	MiCA CASP Authorisation granted by the Austrian Financial Market Authority (FMA) Verified 2026-07-02 Source: FMA: https://www.fma.gv.at/en/cross-sectoral-topics/markets-in-crypto-assets-regulation-micar/information-for-casp-applicants/	MiCA CASP Authorisation granted by the Commission de Surveillance du Secteur Financier (CSSF) Verified 2026-07-02 Source: CSSF: https://www.cssf.lu/en/crypto-assets-service-providers-casp/
Regulator	Finanzmarktaufsicht (FMA) Österreich Verified 2026-07-02 Source: FMA: https://www.fma.gv.at/en/cross-sectoral-topics/markets-in-crypto-assets-regulation-micar/information-for-casp-applicants/	Commission de Surveillance du Secteur Financier (CSSF) Verified 2026-07-02 Source: CSSF: https://www.cssf.lu/en/crypto-assets-service-providers-casp/
Capital requirement	Austria capital requirement is locked. Unlock with the £349 pass.	Luxembourg capital requirement is locked. Unlock with the £349 pass.
Timeline to authorisation	Austria timeline to authorisation is locked. Unlock with the £349 pass.	Luxembourg timeline to authorisation is locked. Unlock with the £349 pass.
Local substance	Austria local substance is locked. Unlock with the £349 pass.	Luxembourg local substance is locked. Unlock with the £349 pass.
Application cost	Austria application cost is locked. Unlock with the £349 pass.	Luxembourg application cost is locked. Unlock with the £349 pass.
Ongoing cost	Austria ongoing cost is locked. Unlock with the £349 pass.	Luxembourg ongoing cost is locked. Unlock with the £349 pass.
Passporting	Austria passporting is locked. Unlock with the £349 pass.	Luxembourg passporting is locked. Unlock with the £349 pass.
MiCA CASPs approved	Austria mica casps approved is locked. Unlock with the £349 pass.	Luxembourg mica casps approved is locked. Unlock with the £349 pass.
Key restrictions	Austria key restrictions is locked. Unlock with the £349 pass.	Luxembourg key restrictions is locked. Unlock with the £349 pass.
Recent changes	Austria set 30 June 2026 as the end of its transitional regime (shorter runway than the EU default 1 July 2026 deadline), creating pressure for existing FM-GwG registered VASPs to secure full CASP authorisation; Bybit reported as licensed in Austria per exchange-tracking source Verified 2026-07-02 Source: Wavect: https://wavect.io/blog/mica-fma-crypto-licensing-austria-2026/; casptracker.eu: https://casptracker.eu/exchange/bybit/	Rapid growth in H1 2026: as of 30 June 2026, 11 active CASPs including B2C2 Europe, Banking Circle, Bitstamp Europe, Bridge Building, Clearstream Banking, Coinbase Luxembourg, Stokr, Standard Chartered Luxembourg, Swissquote Bank Europe, Zodia Custody Europe and BitFlyer; BitFlyer authorised 26 June 2026, Stokr 22 June 2026, Bridge Building 29 June 2026, all just before the transitional deadline expired on 1 July 2026 Verified 2026-07-02 Source: Delano: https://delano.lu/article/bitflyer-stokr-and-bridge-building-join-luxembourg-casp-list; CSSF: https://www.cssf.lu/en/2026/07/mica-transition-period-for-virtual-asset-service-providers-ended-on-1-july-2026/
Difficulty rating	Austria difficulty rating is locked. Unlock with the £349 pass.	Luxembourg difficulty rating is locked. Unlock with the £349 pass.

The two regimes differ on 6 of 9 tracked decision dimensions, including timeline to authorisation and local substance. Unlock the pass to see each figure with its source and verification date.

What changed recently

🇦🇹 Austria (verified 2026-07-02): Austria set 30 June 2026 as the end of its transitional regime (shorter runway than the EU default 1 July 2026 deadline), creating pressure for existing FM-GwG registered VASPs to secure full CASP authorisation; Bybit reported as licensed in Austria per exchange-tracking source

🇱🇺 Luxembourg (verified 2026-07-02): Rapid growth in H1 2026: as of 30 June 2026, 11 active CASPs including B2C2 Europe, Banking Circle, Bitstamp Europe, Bridge Building, Clearstream Banking, Coinbase Luxembourg, Stokr, Standard Chartered Luxembourg, Swissquote Bank Europe, Zodia Custody Europe and BitFlyer; BitFlyer authorised 26 June 2026, Stokr 22 June 2026, Bridge Building 29 June 2026, all just before the transitional deadline expired on 1 July 2026

Quick answers

Who regulates crypto licensing in Austria and Luxembourg?

Austria: Finanzmarktaufsicht (FMA) Österreich. Luxembourg: Commission de Surveillance du Secteur Financier (CSSF).

What licence do you need in Austria compared with Luxembourg?

In Austria the authorisation route is MiCA CASP Authorisation granted by the Austrian Financial Market Authority (FMA); in Luxembourg it is MiCA CASP Authorisation granted by the Commission de Surveillance du Secteur Financier (CSSF). The comparison table on this page lines the two up dimension by dimension.

Where can I see the full Austria vs Luxembourg comparison?

The interactive benchmark lets you pin either jurisdiction and add up to five peers; a Founder Pass or Pro subscription unlocks every gated figure with its source and verification date. This page stays free at /crypto/compare/austria-vs-luxembourg.

Open this pair in the interactive benchmark Unlock every figure

Informational only, not legal advice. Every open figure carries its own verification date; verify with qualified counsel before acting.