MiCA Crypto License for CASP: All-in-One Licensing Services

Obtain a CASP License under MiCA and Scale Your Business

MiCA Licensing for CASPs: Secure Your Crypto Business in the EU with Expert Support

Adopted in June 2023, the Regulation 2023/1114 on Markets in Crypto-Assets establishes standardized rules across all the EU member states, ensuring a harmonized regulatory framework for the crypto industry. The regulation aims to create a safer and more transparent environment for businesses and investors. 💼📈

It applies to Crypto-Asset Service Providers 📊 engaged in trading, custody, exchange, and issuance of crypto assets, ensuring compliance with the unified EU regulations. The MiCA Regulation strengthens market transparency, enhances 🔒 investor protection, and enforces capital requirements to promote 📈 financial stability, impacting thousands of crypto businesses across the European Union.

Who Needs MiCA Licenses?

MiCA crypto licenses are essential for CASPs, including crypto exchanges, wallets, and token issuers, in order to operate in the EU market legally and securely. Businesses should comply with the AML (Anti-Money Laundering) regulations, risk disclosure policies, and security requirements, as well as meet minimum capital thresholds based on their services.

Additionally, the MiCA mandates robust IT systems to ensure data security, fraud prevention, and operational resilience. The regulation is designed to create a transparent and stable regulatory environment, fostering trust and long-term legal certainty for the crypto industry.

Overview of the National Regulators & ESMA

MiCA licenses are issued by national financial regulators in each EU member state that are responsible for evaluating applications, verifying compliance, and granting approvals. At the EU level, the European Securities and Markets Authority provides guidance, oversight, and regulatory coordination, ensuring a harmonized approach across all jurisdictions. This dual-layered system enhances transparency, market integrity, and regulatory consistency, making it easier for CASPs to operate legally and seamlessly across the EU.

MiCA Compliance: 2025 Deadline & Market Impact

The MiCA officially took effect in late 2024, with a transition period extending into 2025 to give businesses time to achieve full compliance. For Crypto-Asset Service Providers (CASPs), meeting these requirements is essential, for non-compliance can result in fines, operational restrictions, or even loss of market access. Conversely, licensed CASPs gain seamless access to all EU member states, benefiting from regulatory certainty, increased investor trust, and expanded business opportunities in a harmonized crypto market.

MiCA Licensing & Compliance Services

The MiCA regulation establishes clear standardized rules for Crypto-Asset Service Providers in the EU, ensuring that businesses meet the compliance requirements and gain legal access to the European market. By adhering to the ESMA guidelines, CASPs may operate with confidence and credibility, knowing they meet stringent regulatory standards designed to enhance market integrity and investor protection.

Achieve Full MiCA Compliance with Expert Support

We provide end-to-end assistance, covering everything from MiCA regulatory consulting and policy development to CASP license application and post-approval compliance. Whether you are launching a new crypto venture or expanding operations in Europe, our team ensures a smooth, efficient, and hassle-free licensing process, allowing you to focus on growing your business.

Regulatory Consulting

We provide tailored guidance on the MiCA requirements, legal obligations, and favorable jurisdictions for CASPs. Our experts assess your business model to ensure full compliance with the requirements of national financial regulators and ESMA standards alike. 🛡️🏦

Policy & Documentation Preparation

We prepare essential compliance documents, including AML/KYC policies, risk management frameworks, and operational guidelines, ensuring they meet the MiCA standards and local regulatory requirements. Our precise and structured approach helps streamline the approval process, making it efficient and hassle-free for your business. ⚠️📜

CASP License Application Support

We manage the entire MiCA licensing process, from preparing and submitting applications to liaising with regulators, ensuring a streamlined approval process for your CASP crypto license. 📑✅

Ongoing Compliance & Regulatory Updates

Maintaining full MiCA compliance is crucial as regulations evolve. We provide ongoing monitoring, audits, and real-time regulatory updates, ensuring your business stays fully aligned with the latest legal and compliance requirements without disruptions.

Legal Analysis & Risk Assessment

Our compliance experts perform detailed risk assessments, evaluating regulatory obligations, business structures, and potential compliance gaps. We provide strategic guidance to help your business maintain long-term security and stability under the MiCA regulations.🔄⚖️

Securing a MiCA crypto license does not have to be complex. With our specialized expertise, CASPs are able to achieve compliance, minimize regulatory risks, and operate legally across the EU market. Let us handle the process while you focus on growing your crypto business.
 

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MiCA Regulation: Key Rules for CASPs

The MiCA Regulation establishes a clear and structured regulatory framework for CASPs across the EU, promoting transparency and compliance. It is designed to enhance investor protection, strengthen market integrity, and support financial stability.

Understanding CASP Classifications under the MiCA

To ensure a risk-based regulatory approach, the MiCA classifies CASPs into three distinct categories based on their business activities, risk exposure, and compliance obligations. Each classification comes with specific MiCA licensing requirements, operational standards, and capital thresholds, ensuring proportionate oversight for different types of crypto businesses.

Class 1 CASPs – Advisory & Intermediary Services

CASPs of this category provide advisory and intermediary services with limited exposure to client funds. While they face simpler regulatory requirements, they still should comply with licensing, transparency, and customer protection standards. The minimum capital requirement for Class 1 CASPs is €50,000.

Class 1 CASP activities include:

• Executing crypto transactions on behalf of the clients 🔄
• Placing crypto-assets in the market 📈
• Facilitating transfers of crypto-assets 🔁
• Receiving and transmitting orders for crypto-assets 📑
• Providing advisory services on crypto investments 📊
• Managing client portfolios with crypto-assets 📜

Class 2 CASPs – Custody & Exchange Services

Class 2 CASPs handle custody, storage, and exchange of crypto-assets, posing a higher financial and operational risk. As a result, they should meet stricter AML/KYC obligations, liquidity requirements, and enhanced security protocols. The minimum capital requirement for this category is €125,000.

Class 2 CASPs typically engage in:

• Custody and administration of crypto-assets 🏦
• Crypto-to-fiat exchange services 💱
• Crypto-to-crypto exchange services 🔄

Class 3 CASPs – Trading Platforms

The CASPs that operate crypto trading platforms face the most stringent requirements due to their market significance and transaction volumes. These businesses should implement advanced risk management, market monitoring, and liquidity safeguards. Capital requirement starts at €150,000.

Class 3 CASPs category applies to:

• Operators of crypto trading platforms 📊

Essential MiCA Compliance Requirements for All CASPs

Regardless of classification, every CASP operating in the EU must comply with the following core MiCA (Markets in Crypto-Assets) obligations. These requirements are designed to protect consumers, prevent financial crime, and promote market integrity within the crypto sector.

Regulatory Licensing

Obtaining approval from the national financial authorities within the EU. This includes preparing and submitting all required documentation, meeting regulatory standards, and ensuring your business complies with MiCA (Markets in Crypto-Assets) regulations. Our team provides end-to-end support to streamline the licensing process and secure your authorization to operate. ✅

AML/KYC Compliance

Implementing robust anti-money laundering (AML) and know-your-customer (KYC) procedures. This involves setting up systems to verify customer identities, monitor transactions for suspicious activity, and report to relevant authorities. We help you design and implement compliant processes to meet EU regulatory requirements and protect your business from financial crime. 🔍

Risk Management

Establishment of internal protocols to assess and mitigate financial, liquidity, and operational risks. This includes creating risk assessment frameworks, developing contingency plans, and ensuring your business can handle market volatility and operational challenges. Our experts guide you in building a resilient risk management strategy tailored to your crypto operations. 🚨

Consumer Protection

Ensuring transparent pricing, clear risk disclosures, and secure asset storage. This involves providing customers with accurate information about risks, fees, and terms of service, as well as implementing secure custody solutions for digital assets. We help you design policies and systems that prioritize customer trust and regulatory compliance. 🔒

Regulatory Reporting

Submission of periodic financial reports and compliance with audits conducted by national regulators. This includes preparing detailed reports on transactions, financial health, and compliance status, as well as cooperating with regulatory audits. Our team ensures your reporting is accurate, timely, and meets all regulatory standards. 📑

Operational Resilience

Maintaining strong cybersecurity measures, fraud prevention systems, and transaction monitoring controls. This involves implementing advanced technologies to protect against cyber threats, detect fraudulent activities, and ensure the integrity of your operations. We assist in building a secure and resilient infrastructure to safeguard your business and customer assets. 💻

By establishing clear classifications and tailored compliance requirements, the MiCA ensures a balanced approach to crypto regulation. With full enforcement set for December 2024, CASPs should assess their business structure, regulatory obligations, and compliance strategy to get MiCA crypto licenses and operate legally across the EU market.

Applying for a CASP License under the MiCA

Securing a MiCA license is a crucial step for Crypto-Asset Service Providers (CASPs) looking to operate legally in the EU market. To ensure compliance, businesses should go through a rigorous regulatory approval process, which includes meeting compliance requirements, financial thresholds, and security obligations set by national financial authorities.

How to Obtain a MiCA License: Step-by-Step Guide

The licensing process involves several key stages, including business assessment, document preparation, application submission, and regulatory review. Each step is essential to applying for a MiCA crypto license, allowing CASPs to operate seamlessly across all EU member states.

1. Pre-Application Preparation

A well-prepared application increases the chances of approval. Before the submission, CASPs should:

• Define their business model and determine their CASP classification (Class 1, 2, or 3).
• Register a legal entity in an EU member state where the application will be submitted.
• Ensure compliance with AML/KYC policies and risk management procedures.
• Prepare corporate documentation, including:
  • Business plan detailing services, revenue model, and risk factors.
  • AML/KYC policies to prevent financial crime.
  • Security protocols for safeguarding client assets and data.
  • Operational resilience measures to ensure business continuity.
• Engage with legal and compliance professionals to assess potential regulatory challenges before submission.

2. License Application Submission

Once all the necessary documents are prepared, the CASP should submit their application to the national financial authority in the chosen EU country. The application package typically includes:

• Company registration details and legal structure.
• A proof of minimum capital compliance.
• AML/KYC compliance policies and risk assessment frameworks.
• Cybersecurity and fraud prevention measures.
• Financial documentation demonstrating liquidity and sustainability.
• Corporate governance details, including board structure and key personnel information.

At this stage, some regulators may request additional clarifications, so prompt responses are essential to avoid delays.

3. Regulatory Review & Approval

Once the application is submitted, the national regulator conducts a comprehensive review to ensure the CASP meets the MiCA requirements. The review process typically includes:

• Due diligence checks on company founders, directors, and key personnel.
• Assessment of financial stability and liquidity provisions to confirm sustainability.
• Evaluation of internal policies, governance structures, and operational risk management.
• Review of cybersecurity frameworks to ensure adequate fraud prevention and data protection.
• Regulator inquiries or requests for additional documentation before approval.

The review process may take several months, depending on the complexity of the application and regulatory workload.

4. License Issuance & Compliance Monitoring

Once the application is approved, the CASP receives a MiCA license, granting them the ability to operate legally across all EU member states. However, the license comes with ongoing compliance obligations, including:

• Regular financial reporting and external audits.
• Strict adherence to AML/KYC regulations.
• Continuous compliance with MiCA standards and ESMA guidelines.
• Periodic reviews by regulators to ensure risk management and operational integrity.
• Potential updates to business policies based on changes in EU regulations.

Non-compliance may result in penalties, operational restrictions, or license revocation, making continuous regulatory monitoring essential.

Why Choose Us for MiCA Licensing?

Navigating the MiCA licensing process can be complex, requiring strict compliance, precise documentation, and direct engagement with regulators. Our expertise ensures a smooth and efficient application process, helping you secure your CASP license without any unnecessary delays.

In-Depth Regulatory Knowledge

Our team specializes in MiCA compliance and has extensive experience working with national financial regulators across the EU. We provide clear guidance to help you meet all legal requirements.

Comprehensive Licensing Support

From business structuring and policy drafting to license application submission and regulatory negotiations, we handle every stage of the process, allowing you to focus on growing your crypto business.

Tailored Solutions for Your Business

We understand that every CASP is different, so we offer personalized strategies based on your business model, risk profile, and jurisdictional preferences.

Direct Communication with Regulators

We liaise with financial authorities on your behalf, ensuring a transparent and efficient approval process and minimizing back-and-forth delays.

Ongoing Compliance Assistance

Our support does not stop once you receive your MiCA license. We provide continuous compliance monitoring, regulatory updates, and audit preparation, helping you stay ahead of the evolving EU regulations.

With our expert guidance, securing a MiCA license becomes a structured, streamlined, and hassle-free experience. Let us take care of the complexities while you focus on expanding your crypto business across the EU.

Contact Us for MiCA Licensing Assistance

Are you looking to obtain a MiCA license and operate legally across the EU market? Our team offers end-to-end support, guiding you through every step of the process: from regulatory consulting and document preparation to application submission and communication with financial authorities.

We ensure that your business meets the MiCA requirements, ESMA guidelines, and national regulatory standards, making the licensing process efficient and hassle-free. Get in touch to discuss your needs and take the next step toward your CASP license. 

FAQ | Frequently Asked Questions

Navigating MiCA regulations can be complex, and businesses often have questions about licensing, compliance, and operational requirements. To help you better understand the process, we’ve compiled answers to the most common questions about MiCA licensing for CASPs, regulatory obligations, and ongoing compliance.