MiCA CASP EU License
Schedule a Consultation Launch your CASP under MiCA with structured licensing support, regulator-ready documentation, and clear accountability at every stage.
MiCA Regulation | CASP Licensing
MiCA CASP Licensing Support
The Markets in Crypto-Assets Regulation (MiCA) introduces a single EU framework for crypto-asset service providers.
Companies offering crypto-asset services in the EU must obtain a CASP licence within the applicable transition period. Complium supports organisations preparing for MiCA CASP authorisation with structured, regulator-aligned guidance focused on readiness, documentation, and supervisory expectations.
Readiness Assessment
Assessment of your business model, governance setup, AML framework, and ICT arrangements against MiCA requirements.
Documentation & Organisational Setup
Preparation of the MiCA documentation package and support with governance, compliance, and substance arrangements.
CASP Licence Application
Preparation and submission of the CASP licence application and support during supervisory review.
Ongoing Support After Authorisation
Continued support with compliance, reporting, and regulatory updates where required.
Complium acts as your regulatory partner for MiCA CASP authorisation, taking ownership of the entire process so you can focus on your business while we manage readiness, execution, and regulatory engagement.
How it works
A structured process for MiCA CASP authorisation led by a single regulatory partner.
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STEP 1
Initial Review
We review your business model and planned CASP activities to confirm scope and regulatory positioning. -
STEP 2
Structured Execution
We coordinate preparation, documentation, and internal alignment within a single regulatory workstream. -
STEP 3
Regulatory Submission
We manage the application process and regulatory interaction through to supervisory review.
MiCA CASP REGULATION
What Regulators Expect
MiCA establishes a common regulatory baseline for crypto-asset service providers operating in the EU.
CASPs must meet defined requirements across governance, capital, AML, ICT risk management, and operational substance and remain subject to ongoing supervisory oversight.
Mandatory CASP Authorisation
Companies providing crypto-asset services in the EU must obtain a CASP licence under the MiCA Regulation and comply with ongoing regulatory obligations.
National Transition Periods
Transition deadlines vary by Member State, and supervisory responsibility shifts from national VASP regimes to financial regulators.
EU Passporting Rights
Once authorised, a CASP licence can be passported across the EU, allowing services to be offered across multiple jurisdictions.
Governance and Control Standards
CASPs must meet requirements covering governance, capital, AML controls, ICT risk management, and operational substance.
MiCA key requirements
Key Requirements for CASP Applicants
MiCA introduces a common regulatory baseline for companies offering crypto-asset services in the EU.
While core requirements apply to all applicants, the focus and preparation differ for existing VASP registration holders and new CASP applicants.
Existing Virtual Asset Service Providers
For Existing VASP Registration Holders
To transition from a national VASP regime to MiCA, existing VASP holders must align their operations with CASP requirements. In practice, this typically involves addressing the following areas.
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Capital RequirementsMiCA introduces higher capital thresholds, up to EUR 150,000 depending on service scope. We support capital planning, injection procedures, and banking advisory for EU credit institution accounts.
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AML Compliance & Internal PoliciesExisting AML frameworks often require expansion to meet MiCA governance and documentation standards. We review and prepare AML policies, risk assessments, and internal procedures required for CASP authorisation.
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Local Presence & GovernanceMiCA expects sufficient operational substance in the EU, including local management presence and senior compliance roles. Requirements vary by jurisdiction and business model.
NEW Crypto-Asset Service Providers
For New CASP Applicants
New applicants must meet MiCA capital and organisational requirements from the outset. Early alignment across governance, AML, and operational setup helps reduce delays during supervisory review.
Capital Requirements by CASP Class:
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Class 1 CASP – EUR 50,000 minimum capitalReception and transmission of orders, execution of orders, advice, and placing of crypto-assets.
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Class 2 CASP – EUR 125,000 minimum capitalExchange services and operation of a crypto-asset trading platform.
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Class 3 CASP – EUR 150,000 minimum capitalCustody and administration of crypto-assets on behalf of third parties.
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Governance & AML SetupApplicants must establish governance structures, AML frameworks, and internal controls aligned with MiCA requirements from day one.
All CASPs must maintain at least one bank account with an EU-based credit institution.
EMI accounts do not qualify. CASPs must also be prepared for ongoing supervisory oversight after authorisation.
WHY COMPLIUM FOR MiCA
Start Your MiCA CASP Licensing Process
Complium supports companies preparing for MiCA CASP authorisation with structured, regulator-aligned guidance across readiness, documentation, and regulatory engagement.
We act as a single EU-based partner accountable throughout the process so you can stay focused on execution while we manage the regulatory workstream.
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AML Compliance & Regulatory Reporting
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Multi-Jurisdiction & Local Presence Support
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Outsourced AML & KYC roles
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Fintech Licensing Services
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EU-Based Legal Experts
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Ongoing Advisory Service
Complium has delivered legal and compliance expertise since 2008, with deep insight into regulatory expectations across European jurisdictions.
Contact us
Discuss Your MiCA CASP Application
Share details about your business model, planned CASP services, and target jurisdiction.
Our EU-based legal and compliance experts will review your request and contact you to discuss suitable next steps.
FREQUENTLY ASKED QUESTIONS
MiCA CASP Licensing FAQs
Find answers to essential questions about MiCA CASP Licensing, including key details to help you stay informed and prepared.
Yes, MiCA compliance is mandatory for all existing Virtual Asset Service Providers (VASPs) operating in the European Union. Under MiCA, VASPs will be reclassified as Crypto-Asset Service Providers (CASPs) and must obtain the new license to operate legally in the EU.
Some entities are exempt from MiCA, including the European Central Bank, national central banks, and public authorities. Public international organizations and persons who provide crypto-asset services exclusively for their parent companies, for their own subsidiaries or for other subsidiaries of their parent companies
Under MiCA, existing Virtual Asset Service Providers (VASPs) must meet several key requirements to continue operating legally within the EU:
- Reclassification: Existing VASPs must transition to Crypto-Asset Service Providers (CASPs) by obtaining the MiCA CASP license.
- AML Compliance: VASPs need to maintain robust Anti-Money Laundering (AML) procedures and internal control systems to meet the new standards.
- Capital Requirements: VASPs must meet updated capital thresholds based on their services.
- Reporting & Transparency: Enhanced transparency, record-keeping, and reporting obligations must be adhered to, particularly for customer information and financial data.
- Local Presence: VASPs are required to establish a physical presence in the EU, including local management and compliance officers.
- Consumer Protection: There are new measures to ensure better protection for customers and secure handling of assets.
Complium provides comprehensive legal and compliance services to assist businesses in obtaining and maintaining MiCA CASP licenses. Our services include:
Initial Assessment: We conduct a thorough evaluation of your current operations to identify areas requiring attention for MiCA compliance.
Documentation Preparation: Our legal team prepares all necessary documentation, including policy papers and procedural guidelines, tailored to your specific business model.
License Application Support: We manage the entire application process, handling all communications with regulatory authorities to ensure an efficient licensing procedure.
Ongoing Compliance Assistance: We provide continuous support to help maintain compliance as regulations evolve.
AML Expertise: Our AML specialists develop robust policies and procedures to ensure your operations meet all anti-money laundering requirements.
Staffing and Local Presence Solutions: We assist in recruiting qualified professionals for key roles and help establish the necessary local presence to meet regulatory requirements.
With extensive experience in crypto regulations, Complium is well-positioned to guide your business through the MiCA compliance process efficiently and effectively.
Some of the most important documentation includes (see above to see the full list of documents needed):
- Programme of Operations (detailing services and operations)
- AML and risk management policies
- Business continuity and internal control policies
- Proof of capital requirements
- IT and data security policies
- Client asset safeguarding and insurance policies
- Outsourcing policies, if applicable
- Corporate governance and management structure documentation Each document must align with MiCA regulations and be tailored to your specific business operations.
MiCA outlines different capital requirements for new CASPs (Crypto-Asset Service Providers) based on the services they provide:
- Class 1 CASP: Requires €50,000 in capital for services like advising on and executing crypto-asset orders.
- Class 2 CASP: Requires €125,000 for additional services, including exchanging crypto-assets for fiat or other crypto-assets, and operating a trading platform.
- Class 3 CASP: Requires €150,000 for services that involve custody and administration of crypto-assets on behalf of third parties.
Additionally, CASPs must maintain at least one bank account with an EU-based credit institution, ensuring proper financial oversight and stability.
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