🇦🇹 Austria

Austria regulates crypto under FMA oversight and EU MiCA. Crypto assets are treated as intangible assets for tax purposes. The FMA has been proactive in licensing CASPs and enforcing compliance with EU regulations.

Overview

StatusLegal
Risk Score25/100 (Low Risk)
Regioneurope
CurrencyEUR
Adoption Rank#30

Tax Information

Capital Gains (Personal)27.5% flat tax on crypto capital gains (KESt) since March 2022
Capital Gains (Corporate)23% corporate tax (reduced from 25%) on crypto gains
VAT on CryptoNo
Staking TaxStaking tax treatment is more nuanced: (1) Direct proof-of-stake consensus staking (e.g. via own wallet/node) is NOT taxed at receipt — treated as acquisition at zero cost, taxed only upon disposal at 27.5%; (2) Third-party/delegated staking (via exchange, DeFi protocol) IS taxed at 27.5% upon receipt.
Airdrop TaxAirdrops are NOT taxed at receipt under Austrian BMF rules. They are treated as received at zero acquisition cost. The full proceeds are taxed at 27.5% upon later disposal. This also applies to bounties (minor benefits) and hard fork acquisitions.

Since the eco-social tax reform effective March 2022, Austria treats crypto as financial assets subject to a 27.5% flat withholding tax (KESt) on gains. The previous 1-year holding period exemption was eliminated. Crypto-to-crypto swaps are generally not taxable events. Mining and staking income is also subject to the 27.5% rate.

Licensing & Registration

RequiredYes
RegulatorFMA
FrameworkMarkets in Crypto-Assets Regulation (MiCA); Austrian FM-GwG
Easemedium
Cost (USD)$30,000 - $200,000

FMA oversees CASP authorization under MiCA. Austria had a national registration regime for virtual asset service providers under the FM-GwG prior to MiCA. The FMA has been active in processing applications and providing regulatory guidance. Vienna's fintech ecosystem is growing.

Laws & Regulations

NameYearStatusScope
Regulation (EU) 2023/1114 on Markets in Crypto-Assets (MiCA)2023Activesupranational
Establishes a comprehensive EU framework for crypto-asset service providers (CASPs), stablecoin issuers (ART/EMT), and trading platforms; prohibits market abuse in crypto-assets; full application from 30 December 2024.
Regulation (EU) 2023/1113 on Transfer of Funds and Certain Crypto-Assets (TFR)2023Activesupranational
Extends FATF Travel Rule to crypto-asset transfers; requires CASPs to collect and transmit originator/beneficiary information for all transfers, removing the EUR 1000 threshold; applies from 30 December 2024.
Council Directive (EU) 2023/2226 (DAC8)2023Activesupranational
Amends Directive 2011/16/EU to require mandatory automatic exchange of information on crypto-asset transactions held by EU tax residents; CASPs must report to national tax authorities from 1 January 2026.
Regulation (EU) 2022/2554 on Digital Operational Resilience for the Financial Sector (DORA)2022Activesupranational
Mandates ICT risk management, incident reporting, third-party provider oversight, and digital operational resilience testing for financial entities including CASPs covered by MiCA; applies from 17 January 2025.
Directive (EU) 2018/843 (5th Anti-Money Laundering Directive)2018Activesupranational
First EU directive to bring crypto-asset exchange services and custodian wallet providers within AML/CFT scope; introduced KYC obligations and registration requirements for Virtual Asset Service Providers.
Directive (EU) 2018/1673 on Combating Money Laundering by Criminal Law (6AMLD)2018Activesupranational
Harmonises criminal-law definitions and penalties for money laundering across EU member states; establishes minimum custodial sentences and corporate liability rules applicable to crypto-related ML offences.
Regulation (EU) 2024/1624 on Anti-Money Laundering Requirements (AML Regulation)2024Activesupranational
Replaces 5AMLD/6AMLD with a single AML Regulation directly applicable in all member states; tightens KYC/CDD requirements for CASPs and sets EUR 1000 cash-equivalent threshold for crypto transactions; phased application 2027.
Commission Delegated Regulation (EU) 2024/2795 supplementing MiCA2024Activesupranational
MiCA Level 2 delegated act setting regulatory technical standards on information requirements and procedures for competent authority notifications under MiCA; part of the MiCA implementation package applicable from December 2024.

Enforcement Activity

Level: Moderate

FMA has issued warnings against unlicensed crypto platforms and taken enforcement action against AML non-compliant entities. Austrian authorities have cooperated in EU-wide crypto enforcement operations.

AML / KYC

KYC RequiredYes
Travel RuleYes
FATF MemberYes
FATF Statusenhanced_follow_up
FATF BodyFATF
Suspicious-Activity ReportingYes

DeFi, Stablecoins & NFTs

Status: regulated

Under MiCA, DeFi protocols with identifiable operators may require CASP authorization. FMA follows ESMA guidance on DeFi. Fully decentralized protocols remain in a regulatory grey area.

Stablecoins

Status: specific_framework

MiCA stablecoin framework (ARTs and EMTs) applies fully in Austria. The FMA and Austrian National Bank oversee compliance with reserve, redemption, and authorization requirements.

NFTs

Status: Unclear

MiCA excludes unique NFTs. NFTs with fungible characteristics may fall under regulation. FMA follows ESMA classification guidance.

Mining

LegalYes
Electricity Cost$0.158/kWh
Renewable Energy78%
Infrastructureexcellent

Austria has a well-developed energy infrastructure with a high share of renewables, making it favorable for mining operations.

Geopolitical Risk

Stabilityvery_stable
SanctionsNo
Corruption Index76/100
Banking Accessopen
Sanctions Program ActiveYes

Austria is politically stable with strong rule of law and no international sanctions. It has good internet freedom and banking access for crypto businesses.

Sources

Frequently Asked Questions

Is cryptocurrency legal in Austria?

Austria regulates crypto under FMA oversight and EU MiCA. Crypto assets are treated as intangible assets for tax purposes. The FMA has been proactive in licensing CASPs and enforcing compliance with EU regulations.

What is the FATF status of Austria?

Austria is classified by FATF as: enhanced_follow_up.

Are VASPs licensed in Austria?

Yes, licensing is required for VASPs.

What is the AML/KYC regime in Austria?

KYC is mandatory for crypto businesses.

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Last reviewed: 2026-09-03 · Data source: Soken Crypto Legal Map

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