ChainCatcher news, Franz Bergmüller, CEO of the Swiss crypto bank Amina, stated that the company is applying for a Virtual Asset Service Provider (VASP) license from the Austrian Financial Market Authority. Bergmüller mentioned that the bank must establish a new team before conducting business or generating revenue in Austria.Franz Bergmüller said: "As a bank, we are approaching break-even, but for now, we have deliberately decided to prioritize investment growth."It is reported that Amina was formerly SEBA Bank, which established its headquarters in Zug, Switzerland in April 2022.

ChainCatcher news, according to The Block, Swiss crypto bank SEBA Bank AG announced its name change to AMINA Bank AG. The company stated that this name is derived from the term "transamination" (the transfer of a compound to another compound).AMINA stated that customers will not be affected by this change, and there will be no disruption in business. Its Abu Dhabi branch, as well as its subsidiaries in Hong Kong and Singapore, will subsequently apply for a name change to align with the headquarters.