Licensing guide · 9 min read

EU CASP Licensing under MiCA

Crypto-asset service provider authorisation, capital classes and passporting in the EU.

Updated 30/10/2026

MiCA created a single EU authorisation for crypto-asset service providers, passportable across the EEA.

Capital classes

EUR 50,000: reception and transmission, advice, execution, placing, transfer services, portfolio management.
EUR 125,000: class 1 services plus custody and exchange for funds or other crypto-assets.
EUR 150,000: operating a trading platform.

Substance

Registered office in the EU, effective management in the EU and at least one director resident in the EU.

Transitional periods

Member states could allow existing providers to continue until 1 July 2026 at the latest. That period has now ended in all member states.

Technology

Custody segregation, travel-rule messaging (Transfer of Funds Regulation), market abuse surveillance for platforms, complaints handling and ICT resilience under DORA.

Official sources

General information, not legal advice. Confirm current requirements with the competent authority.