Question 1

How long does a CASP license take in Austria?

Accepted Answer

Austria typical CASP authorization timeline: 6–11 months typical processing time. This covers the NCA review period once the application is declared complete. Preparation time is separate and can be reduced to 4–8 weeks using Micahub.

Question 2

How much does a CASP license cost in Austria?

Accepted Answer

Indicative NCA fees in Austria: €15,000–€75,000. Total cost includes legal and document preparation, which can be reduced by 60–80% using Micahub's automated application platform. Traditional consulting typically costs €150,000–€500,000.

Question 3

Which regulator oversees CASP licenses in Austria?

Accepted Answer

The National Competent Authority for MiCA CASP authorization in Austria is FMA (Finanzmarktaufsicht (Austrian Financial Market Authority)). Applications are submitted to FMA, which reviews and issues the authorization. A Austria CASP license provides EU passporting rights across all 30 EEA member states.