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MiCA CASP Licence: Operate Across All 27 EU Member States from a Single Authorization
MiCA (Markets in Crypto-Assets Regulation) replaced the EU's fragmented national VASP registrations with a single CASP authorization valid across the entire European Union. Get authorized once — operate in 27 markets. We manage the full process from jurisdiction selection to licence issuance.
9+ Years of Compliance Expertise
End-to-End Execution
What Is MiCA and Why Does It Matter?
MiCA (Regulation (EU) 2023/1114) is the European Union's unified regulatory framework for crypto-asset service providers (CASPs). It replaced the patchwork of national VASP registration systems that existed across EU member states before December 2024.
MiCA covers:
MiCA covers:
- Issuers of Asset-Referenced Tokens (ARTs) and E-Money Tokens (EMTs) — stablecoins — applicable from June 30, 2024
- Crypto-Asset Service Providers (CASPs) — exchanges, custodians, brokers, advisors, portfolio managers — applicable from December 30, 2024
Source: ESMA MiCA implementation page; AMF (French Financial Markets Authority) MiCA guidance; Sumsub EU crypto regulations guide.
Why MiCA Is a Strategic Asset
One authorization
27 markets — single CASP licence from any EU member state gives passporting rights across the entire European Union
Legal certainty
no more jurisdiction-by-jurisdiction compliance risk
Institutional credibility
MiCA-authorized firms are recognized counterparties for EU banks, payment providers, and institutional investors
Fundraising signal
investors and VCs treat MiCA authorization as a baseline due diligence item
EU client access
without MiCA, serving EU retail clients exposes you to enforcement risk across 27 jurisdictions
CASP Service Categories and Capital Requirements
CASP Class & Services
Minimum Capital
Class 1: Advisory, order transmission, portfolio management
€50,000
Class 2: Custody, exchange (crypto-to-fiat or crypto-to-crypto)
€125,000
Class 3: Operating a crypto-asset trading platform (order book)
€150,000
Source: MiCA Regulation (EU) 2023/1114, Article 67; adamsmith.lt MiCA license guide 2026; MAXCORP MiCA CASP overview.
Key Requirements for MiCA CASP Authorization
EU-incorporated legal entity
no letterbox structures; real decision-making in the EU required
At least one EU-resident director
effective management in the EU
Governance framework
fit-and-proper management, conflict of interest policies, business continuity planning
DORA-aligned ICT security
Digital Operational Resilience Act requirements built into MiCA from day one
AML/KYC compliance
Travel Rule (TFR) mandatory for all crypto-asset transfers
Client asset safeguarding
client fiat must be held at an EU credit institution; client crypto assets fully segregated
Whitepaper for token offerings
required for any token issuance, with ESMA iXBRL format effective from December 23, 2025
Choosing the Right EU Jurisdiction
MiCA authorization requires selecting a home EU member state. The choice affects: NCA processing time, supervisory intensity, corporate tax, employment costs, and substance expectations. We analyze the optimal jurisdiction for each client based on their business model and priorities.
Lithuania
Fast NCA, cost-effective, strong fintech infrastructure
4–6 months
4–6 months
Estonia
Fast NCA, cost-effective, strong fintech infrastructure
4–6 months
4–6 months
Malta
Dedicated MiCA team, established crypto sector
5–7 months
5–7 months
Cyprus
Low corporate tax (12.5%), English-speaking NCA
5–7 months
5–7 months
Latvia
Practical NCA approach, competitive costs
4–6 months
4–6 months
Czech Republic
New Digital Finance Act (Feb 2025), modern framework
5–7 months
5–7 months
Poland
KNF structured process, clear timeline, growing fintech hub
5–7 months
5–7 months
Austria
Conservative NCA, strong for institutional models
6–9 months
6–9 months
What We Do for You
- Jurisdiction selectionWe analyse your business model, ownership structure, tax position, and operational requirements to identify the optimal EU jurisdiction for your CASP authorization.
- Full CASP applicationGovernance framework, AML/KYC policies, DORA-aligned ICT security documentation, whitepaper (if applicable), capital evidence.
- Ongoing compliancePost-authorization MiCA compliance: periodic reporting, policy updates, material change notifications.
- Entity setupEU legal entity incorporation in your chosen jurisdiction, with substance requirements met from day one.
- NCA engagementWe manage all communication with the national competent authority throughout the review process.
- PassportingOnce authorized, we manage the passporting notification process to extend your services to other EU member states.
Frequently Asked Questions
Yes. Non-EU companies can obtain CASP authorization by establishing an EU legal entity and meeting all MiCA requirements, including real decision-making in the EU and at least one EU-resident director. A letterbox entity is not acceptable.
National VASP registrations (e.g. under German, French, or Estonian national AML frameworks) were registrations, not authorizations - they did not constitute a regulatory licence. MiCA CASP authorization is a full EU-level regulatory licence with ongoing supervisory obligations. Existing VASP registrations do not convert automatically - a formal CASP authorization application is required.
Not directly - there is no formal passporting between MiCA and UAE regulators. However, your MiCA authorization is a significant advantage in UAE licensing applications: it demonstrates regulatory track record, established compliance infrastructure, and institutional credibility. See our page on MiCA-Licensed Companies Expanding to UAE.
Typically 4–6 months from application submission to authorization in fast-track jurisdictions (Lithuania, Estonia, Latvia). More complex models or conservative NCAs (Austria) may take 6–9 months. Preparation before submission adds 4–8 weeks.
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Please note: We do not provide any personalized investment advice, token selection guidance, or transaction recommendations. AMLzone is a compliance consultancy and project management services provider, not a Virtual Asset Advisor.
Please note: We do not provide any personalized investment advice, token selection guidance, or transaction recommendations. AMLzone is a compliance consultancy and project management services provider, not a Virtual Asset Advisor.