Austria Custodial Wallet — Compliant Development
Launch a custodial wallet in Austria with compliance controls mapped to FMA and MiCA. Block Intelligence builds production software; independent counsel handles licensing.
Compliance scope
Austria · Custodial Wallet
Austria supervises crypto-asset service providers under MiCA through Financial Market Authority (FMA). Firms offering exchange, custody, advisory, or other CASP services must obtain authorization and meet prudential, governance, and AML requirements before serving clients in the EU.
| Jurisdiction | Austria |
|---|---|
| Regulator | FMA |
| Product | Custodial Wallet |
Software
Built-in compliance controls
- Custodial key management with HSM or secure enclave options
- Multi-chain deposits, withdrawals, and balance reconciliation
- Transaction monitoring and velocity limits
- Account recovery flows with identity re-verification
- Compliance reporting and user activity audit trails
- Automated KYC verification for users
- Secure storage solutions for private keys
- Compliance reporting tools integrated into the wallet
Block Intelligence provides technology development and compliance-oriented software architecture. We are not a law firm. Licensing and regulatory advice is provided by independent legal partners in each jurisdiction. Information is current as of 2026-03-01 and subject to change.
FAQ
Frequently asked questions
- What is a custodial wallet?
- A custodial wallet is a type of wallet where a third party holds the private keys on behalf of the user.
- Do I need a license to operate a custodial wallet in Austria?
- Yes, operating a custodial wallet requires obtaining CASP authorization from the FMA.
- How does Block Intelligence ensure compliance for custodial wallets?
- We embed compliance controls such as KYC and AML directly into the wallet software.