Understand the core of the new European crypto landscape and why a licensed status is crucial for your operation's future.
What is a CASP License?
A Crypto-Asset Service Provider (CASP) license is a mandatory authorization under the EU's Markets in Crypto-Assets (MiCA) regulation. It standardizes the rules for crypto businesses, creating a unified market and enhancing consumer protection.
The authorization process requires a robust application, detailing business operations, security protocols, AML/KYC procedures, and corporate governance. Successfully acquiring a casp license from one member state grants the provider passporting rights, enabling them to offer services across the entire European Union legally and transparently.