EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is DADAT licensed under MiCA in the European Union?
DADAT's European entity (DADAT Krypto GmbH) is recorded as an authorised Crypto-Asset Service Provider under the EU's Markets in Crypto-Assets Regulation, with its authorisation issued by Austria on 16 December 2025.
Verdict: DADAT appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | DADAT Krypto GmbH |
|---|---|
| Home Member State | Austria |
| National Competent Authority | Austrian Financial Market Authority (FMA) |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 529900KTP3Y86BZKY754 |
| Authorised services | Order execution |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About DADAT
DADAT is the online-banking and brokerage brand of Schelhammer Capital Bank AG, an Austrian bank within the GRAWE banking group, and its crypto offering runs through a dedicated subsidiary, DADAT Krypto GmbH. According to a report by Trending Topics, DADAT launched in Austria in 2017, is headquartered in Salzburg, and the crypto subsidiary is managed by Marina Daichendt and Mario Rasser. The firm's own site confirms that crypto trading ("Kryptowerte") is offered alongside its banking and securities-brokerage products and presents itself as "Eine Marke der Schelhammer Capital Bank AG." Sources: dad.at, Trending Topics
On the crypto service itself, DADAT states on its site that customers can trade around 50 crypto-assets through the DADAT Trading App and the DADAT portal. The Trending Topics report describes a multi-asset spot-trading offering (including Bitcoin and Ethereum) where custody is handled by a regulated third party, Tangany GmbH of Munich, rather than by DADAT, and it cites a total fee of 0.75% (0.50% in-house plus 0.25% third-party). The available research does not mention staking, savings or DCA plans, or a crypto card. As the operator is an Austrian bank, settlement is in EUR, though the source material does not spell out SEPA support explicitly. Sources: krypto.dad.at, Trending Topics
On the legal question: the contracting entity for the crypto service is DADAT Krypto GmbH, established in Austria and supervised by the Austrian Financial Market Authority (FMA). Per the ESMA register data, its MiCA authorisation covers a single crypto-asset service - the execution of orders for crypto-assets on behalf of clients. That scope matches the reported division of labour, where DADAT Krypto executes orders while custody sits with Tangany GmbH. The MiCA licence as recorded does not list other MiCA services such as custody and administration, exchange of crypto-assets, or portfolio management, so a buyer should not assume those activities are covered by this authorisation. Trending Topics reports that DADAT is the first Austrian bank with a subsidiary holding its own MiCAR licence and the eighth company in Austria to obtain one. Sources: dad.at, Trending Topics
Which crypto services is DADAT authorised to offer in the EU?
Under its MiCA authorisation issued by Austrian Financial Market Authority (FMA), DADAT (DADAT Krypto GmbH) is approved to provide the following services to EEA residents. Each service is defined in Article 3(1)(16) of Regulation (EU) 2023/1114.
-
Execution of orders for crypto-assets on behalf of clients
The exchange can place orders for you on third-party venues (smart-routing). Less common in retail crypto; relevant for brokerage-style services.
Which services is DADAT not authorised to offer?
DADAT's MiCA licence does not cover: Custody, Trading platform, Exchange for funds, Exchange for crypto, Placing, Order R&T, Advice, Portfolio mgmt, Transfer services. These services may still be offered by other authorised providers, or by DADAT under a different regulatory framework (for example, derivatives may fall under MiFID II rather than MiCA). Source: ESMA Register, retrieved 30 June 2026.
See other MiCA-authorised exchanges by service:
Why is DADAT licensed in Austria?
Austria's FMA has been an active MiCA gatekeeper, authorising Bitpanda (a domestic champion), Bybit's EU entity and KuCoin EU. The FMA's known stance: tight scrutiny on AML compliance, with KuCoin EU subjected to a ban on new business in late 2025 before it staffed up its compliance function. Source: Austrian Financial Market Authority (FMA).
| National Competent Authority | Austrian Financial Market Authority (FMA) |
|---|---|
| Investor compensation | Austrian compensation scheme; verify scope via FMA. |
| Regulatory context | Bitpanda's home jurisdiction; FMA scrutiny is comparatively heavy. |
What does this mean for users of DADAT in the EU?
If you transact through DADAT's EEA-authorised entity (DADAT Krypto GmbH), the protections introduced by MiCA apply to your relationship from onwards. In practical terms this means: client crypto-assets are ring-fenced from the exchange's own funds (Article 70 MiCA), the authorised entity holds prudential capital, has formal complaint-handling procedures, and is subject to transparency obligations on fees and order execution. Source: Regulation (EU) 2023/1114.
One thing to verify yourself: the legal entity you contract with day-to-day must match the entity in the ESMA register. Some global exchanges operate multiple legal entities under one brand. Confirm in DADAT's terms of service that your contracting entity is DADAT Krypto GmbH, not a non-EEA affiliate.
Which MiCA-authorised exchanges are alternatives to DADAT?
Three MiCA-authorised providers to consider. Drawn from the ESMA register, never paid placement.
| Provider | Home Member State | Authorised | Services |
|---|---|---|---|
| Alaric Securities | Bulgaria | 9 services | |
| OKX | Malta | 9 services | |
| Kraken | Ireland | 8 services |
Related reading
Understand the regulatory context behind DADAT's entry on the register:
Frequently asked questions about DADAT and MiCA
Is DADAT licensed under MiCA?
Yes. DADAT appears in the ESMA Register of MiCA-Authorised Crypto-Asset Service Providers, with its authorisation issued by the competent authority of Austria.
Which EU countries can DADAT serve under this licence?
A MiCA authorisation in one EEA member state permits passporting across all EEA member states, subject to a notification process to each host-state regulator.
Are my crypto-assets on DADAT protected under MiCA?
MiCA introduces ring-fencing of client crypto-assets, prudential capital requirements for the authorised entity, complaint-handling obligations, and conduct rules. It does not provide a deposit-guarantee scheme equivalent to bank deposit insurance.
What's the difference between the authorised entity and the global brand?
Some global exchanges operate multiple legal entities. The MiCA authorisation applies only to the specific legal entity in the ESMA register, not to the global brand. Verify the contracting entity in DADAT's terms of service.
Where can I check the official record?
The ESMA register publishes the authoritative list and updates it weekly. The direct link to DADAT's entry is on this page under 'Sources'.
Sources
This page is updated weekly. Last verified . If you believe any information on this page is inaccurate, write to our contact page.