✓ MiCA Regulation (EU) 2023/1114 — In force since December 2024

✓ VASP→CASP Transition Deadline: 1 July 2026

✓ Offices in Düsseldorf · Vilnius · Tallinn

✓ Free Initial Consultation

MiCA · CASP · 6 Service Types

CASP Services Under MiCA — Full License Scope

Under MiCA (Markets in Crypto-Assets Regulation), Crypto Asset Service Providers (CASPs) must obtain authorization for each specific service they offer. We help you structure, apply, and maintain the right CASP authorizations across the EU.

6

CASP Service Types

€50K

Min. Capital (MiCA)

27

EU States via Passporting

3–5 mo

Fast-Track Authorization

CASP Authorization

CASP Services — MiCA Authorization by Service Type

Each service type requires separate NCA authorization. A single MiCA application can cover multiple service types from the same entity.

Crypto Exchange

Trading platform, order matching, spot exchange

MiCA Art. 67 Class 3

Min. Capital: €150,000

Custody Services

Safekeeping of crypto assets and private keys

MiCA Art. 67 Class 2

Min. Capital: €125,000

OTC deals, market making, B2B settlement

MiCA Art. 67 Class 1

Min. Capital: €50,000

Stablecoin / EMT

Electronic Money Token issuance

Min. Capital: €350,000

Asset-Referenced Token authorization

Min. Capital: €350,000

Portfolio Management

Discretionary crypto asset management

MiCA Art. 67 Class 2

Min. Capital: €125,000

Frequently Asked Questions

CASP Services — FAQ

What services require MiCA CASP authorization?

All crypto asset services: exchange/trading, custody, brokerage, portfolio management, token issuance (EMT/ART), order reception/transmission, placement of crypto assets, and transfer services. Each service type requires separate NCA authorization.

Can one CASP license cover multiple services?

Yes. A single MiCA authorization can cover multiple CASP service types from the same entity. We recommend applying for all intended services upfront to avoid separate applications later.

What is EU passporting for CASP services?

Once authorized in any EU member state, a CASP can provide its licensed services to clients across all 27 EU member states via the passporting notification procedure under MiCA Art. 60-76.

How long does MiCA CASP authorization take?

MiCA mandates a 3-month NCA review. Total timeline (preparation + review) ranges from 3–5 months in fast jurisdictions (Lithuania, Estonia) to 6–12 months in Germany or Luxembourg.

Book a Free CASP Consultation

Our MiCA CASP specialists will assess your service model, identify the required authorizations, and recommend the optimal licensing strategy. Free 30-minute consultation, response within 1 business day.

Book a Free CASP Consultation