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We help to adopt to MiCA
Ensure your business compliance with MiCA
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What is MiCA?
MiCA entered into application in June 2023 for E-Money tokens and asset referenced tokens. Starting from 31 December 2024 MiCA will enter into application for crypto service providers (CASPs).
Markets-in-Crypto-Assets (MiCA) Regulation is a comprehensive framework established by the European Union (EU) to regulate the issuance and provision of crypto-assets related services. The aim of the MiCA regulation is to ensure the same requirements for the crypto-assets issuers and service providers in the EU and avoid the different regulatory regimes.
Crypto-asset issuers and CASPs, who are planning to provide the services within the EU, should comply with the MiCA requirements. All providers of crypto-asset services (CASPS) (i.e.crypto exchanges, wallet providers, crypto processing companies, crypto trading platforms, crypto consultancy firms etc.) will be subject to licensing with the relevant supervisory authorities. We are ready to help businesses during this adoption journey.
Two leading law firms Zügerlaw and Lex Law Office using their 15+ years expertise created the list of the legal templates of the MiCA policies and a checklist to assess and ensure your company compliance with the MiCA.
More about MiCA
Two leading law firms Zügerlaw and Lex Law Office using their 15+ years expertise created the list of the legal templates of the MiCA policies and a checklist to assess and ensure your company compliance with the MiCA.
More about MiCA
Who needs a CASP MiCA license?
- Crypto exchanges
- Crypto brokers
- Custodian, wallets and administration providers
- Services on crypto-assets
- Crypto-assets advisory
- Crypto-assets trading platforms
- Services on portfolio management on the crypto assets
- Crypto processing services
- Crypto-assets advisory
- Services on reception and transmission of the orders for the crypto-assets
MiCA Timeline
2023
2024
2025
Publication of MiCAR in the Official Journal of the European Union
June 2023
June 2023
Publication of the Consultation Package 1
July 2023
July 2023
Publication of the Consultation Package 2
October 2023
October 2023
Introduction of application Title III and Title IV
June 2024
June 2024
Publication of the Consultation Package 3
Q1 2024
Q1 2024
Introduction of application Title I, II, V, VI, VII
December 2024
December 2024
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Our Products
We created the legal templates for the MiCA documents and policies, which will help to adopt to the MiCA requirements and save the resources
MiCA webinars
Four expert webinars will help you to navigate MiCa regulatory challenges.
They hightlight following topics: introduction to MiCA regulation, governance arrangement, ICT risks, AML requirements, operational plan nuances and much more, to help you navigate the regulatory challenges.
LIVE Webinars are FREE
Records are available in Webinars Section
They hightlight following topics: introduction to MiCA regulation, governance arrangement, ICT risks, AML requirements, operational plan nuances and much more, to help you navigate the regulatory challenges.
LIVE Webinars are FREE
Records are available in Webinars Section
More products
Discover our Templates
Comprehensive legal support with MiCA compliance. Choose the most suitable package for your project. Our Optimum and Premium offers will help to accelerate MiCA adoption process and save the resources
30-minutes consultation
Don't be shy and reach out. We are always ready to provide the personal consultation and answer the additional questions. We are here to help your business to adopt to MiCA.
Our Webinars
We prepared the series of the MiCA practical webinars for the crypto projects subject to CASP licenses. Webinars hightlight the relevant topics related to the preparation for the MiCA, including governance arrangement, ICT risks, AML requirements, operational plan nuances and much more, to help you navigate the regulatory challenges.
Next Free Webinar Registration
MiCA regulation:
Segregation of Funds
Segregation of Funds
On 17 December 2024 MiCAExperts will host a FREE webinar to share frameworks to align your project with MiCA’s standards
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Leave your email below to register to an upcoming webinar
Who are MiCA Experts
Two leading law firms ZÜGERLAW and Lex Law Office joined the forces to help crypto businesses with navigation of the regulatory challenges and adoption to MiCA.
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15+
years of legal expertise
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200+
advised
crypto projects
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50+
international conferences
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30+
webinars
Our leading experts are
Since 2017, Ms. Petrovskaia has successfully structured over 100 web3 projects across various sectors worldwide at various stages with major focus on tokenization of real world assets like real estate, commodities, diamonds, physical and digital art; as well as SDG related projects.
With a background in international consultancy, Ms. Petrovskaia used to advise for years a diverse array of international investors, primarily from Germany, Switzerland, Austria, and Liechtenstein in CIS countries with all activities in regard to their subsidiaries, branches, joint ventures and M&A deals in the amount up to 150 Million Euro.
Book a call
With a background in international consultancy, Ms. Petrovskaia used to advise for years a diverse array of international investors, primarily from Germany, Switzerland, Austria, and Liechtenstein in CIS countries with all activities in regard to their subsidiaries, branches, joint ventures and M&A deals in the amount up to 150 Million Euro.
Book a call
Since 2017 Ms. Agu advised over 100 Fintech and web3 projects around the world with the major focus on the licensing, compliance, structuring, regulatory assessment and communication with the regulators. Anna took an active role in development of the national AML regulation related to virtual assets and provided expert opinions to the crypto associations, also helped to develop the MiCA regulation.
Anna is also an active public speaker at the international web3 and Fintech conferences and a lecturer. Lex Law Office has offices in Tallinn, Estonia and Vilnius, Lithuania.
Book a call
Anna is also an active public speaker at the international web3 and Fintech conferences and a lecturer. Lex Law Office has offices in Tallinn, Estonia and Vilnius, Lithuania.
Book a call
Janina Petrovskaia
Founding Partner ZÜGERLAW
MLaw Lucerne, Switzerland
MLaw Lucerne, Switzerland
Anna Agu
Founder and Managing partner
at Lex Law Office
MLaw Estonia
at Lex Law Office
MLaw Estonia
Check your Business
Is your business ready for MiCA?
Estimate your compliance level in 5-minutes
| Check your business |
Are you planning to offer crypto services in the EU?
Possibly authorization required. Continue checking your business by answering next question
You are not subject to MiCA
| Next |
| Check |
| Results |
Do you offer one of the following services: custody and administration on behalf of the 3rd parties, operating a trading platform, exchange services, receiving transmtting orders, advice services on crypto?
Authorizaion required. Contact our team to learn more
You are not subject to MiCA
| Next |
| Check |
| Results |
MiCA authorizaion required. You will need to work further on your business compliance. Choose the suitable option or contact our team to continue assesement and specify procedures.
| Check again |
Your business is not a subject to MiCA
| Check again |
CASP Licence Requirements
CASPs must apply for the MiCA authorization from the local governing authorities to get the right to provide the crypto-assets related services within the EU. CASP applicants can apply for the passporting to get the right to provide the cross-boarder crypto-assets services in other EU member states. The aim of the MiCA regulation is to ensure the same requirements for the CASPs in the EU and avoid the different regulatory regimes.
Class 1 CASP – Requires a capital of EUR 50,000 for the following crypto-asset services:
- Receiving and transmitting orders on behalf of third parties
- Providing advice on crypto-assets
- Executing orders on behalf of third parties
- Placing crypto-assets
- Exchanging crypto-assets for fiat currency (legal tender)
- Exchanging crypto-assets for other crypto-assets
- Operating a trading platform for crypto-assets
- Custody and administration of crypto-assets on behalf of third parties
- Operating a trading platform for crypto-assets.
CASPs must establish a clear governance structure with defined roles and responsibilities to ensure compliance with regulations.
CASPs must provide clear and comprehensive information to consumers about their services, risks, and fees to ensure informed decision-making
CASPs are required to conduct thorough KYC checks on customers to verify their identities and prevent money laundering and terrorist financing.
CASPs are recommended to maintain at least one bank account with an EU-based credit institution (note that EMI bank accounts do not qualify).
CASPs must keep detailed records of all transactions and customer information to facilitate regulatory oversight and audits.
CASPs are expected to thoroughly document various internal and external processes which fall under the regulation, thereby creating a well-orderly legal basis for their own business activities.
Key policies include:
Key policies include:
- Programme of Operations
- ICT Policies & Procedures
- AML
- Safeguarding
- Governance Arrangements
- Internal Control
- Business Continuity
- Complaints Handling
- Conflict of Interests
- Outsourcing
- Prudential Safeguards
- Segregation
- Whistleblowing
The MiCA license application process involves submitting your application to a regulator, who will provide the feedback within 25 business days. The regulator will evaluate whether the CASP license applicant meets all necessary requirements within 45-days after submission of completed application and will provide a detailed decision. We assist CASPs at each stage of MiCA application process.
Waiting list of the MiCA legal templates
Interested?
Let’s start a MiCA adoption together