EY Law Austria remains industry leader with Band 1 distinction

EY Law Austria reaffirms its leading position in the field of FinTech and digital regulation. For the third consecutive year, the firm has been the only Austrian law firm to receive the top Band-1 ranking from Chambers and Partners. In addition, Dr. Martin Hanzl, Dr. Elisabeth Reiner, and Paul Neubauer received individual accolades.

EY Law Austria sets the benchmark for the crypto industry

The renewed top ranking highlights the team’s pivotal role in shaping the regulated crypto market in Europe. “This repeated Band 1 recognition underscores our ambition to be the foremost point of contact for complex regulatory matters in the European FinTech sector,” says Dr. Martin Hanzl. “We are particularly pleased with the individual distinctions awarded to our team. They send a strong signal that our commitment to combining innovation with legal certainty is the right direction for the future.”

Vienna is emerging as a key hub for international crypto providers

The European crypto and FinTech landscape is undergoing a fundamental transformation with the introduction of MiCAR. Global players such as Bybit and KuCoin are deliberately choosing Vienna as their EU headquarters due to its stable regulatory environment. As a result, the demand for specialized regulatory expertise in Vienna is growing significantly. “Our close cooperation with international crypto exchanges demonstrates how essential reliable regulatory frameworks are for fostering growth. We see every day that European regulation and global innovation can complement one another and enable sustainable progress,” adds Dr. Elisabeth Reiner.

By focusing on digital business models, EY Law Austria actively contributes to positioning Austria—and Vienna in particular—as an innovation-friendly hub for international providers. For years, the firm has advised national and international companies on blockchain, digital assets, and crypto regulation. Among the recent achievements of the FinTech team are the MiCAR authorizations of 21bitcoin and KuCoin. Cryptonow and Bybit have also turned to EY Law Austria to obtain their MiCAR licences for entering the European market. The firm views the renewed recognition as a confirmation of its commitment to guiding companies safely and in full compliance with the law as they enter the European crypto market.