T332 · MiCA · CASP Authorisation · Capital Readiness · AP2 Export

MiCA CASP Authorisation & Capital Readiness Checker

Assess whether your Crypto-Asset Service Provider meets MiCA Title V authorisation requirements ahead of the 1 July 2026 end of national transitional periods. Covers capital floors, customer asset segregation, AML/Travel Rule compliance, whitepaper obligations, and the February 2026 EBA opinion on PSD2 dual-authorisation for EMT handlers.

Transitional ends 1 Jul 2026 MiCA EU 2023/1114 Title V EBA Feb 2026 · ESMA L2 · Travel Rule Client-Side · Zero PII · CC BY 4.0

30 December 2024 MiCA fully applicable (incl. CASPs) — Regulation (EU) 2023/1114 ● Already live

1 July 2026 End of 18-month national grandfathering period for existing CASPs ● Critical deadline

February 2026 EBA Opinion: PSD2 dual-authorisation required for EMT transfer services ● New obligation

Ongoing FATF Travel Rule / MiCA Art. 70 — transfer data obligations ● Continuous

Scope & Reliance — All inputs are processed locally in your browser. No data is transmitted. This tool applies MiCA Title V static thresholds and ESMA/EBA guidance as of 2026-06-01. Regulatory interpretations evolve — verify against current primary sources before relying on outputs for commercial or legal decisions. Deterministic logic · zero PII · CC BY 4.0.

🔒 All inputs are processed locally in your browser. No data is transmitted. Do not enter real personal data — use synthetic or anonymised inputs only.

Step 01 CASP Type & Services

Primary CASP category (MiCA Art. 59) Select the primary regulated service. Capital floor is determined by the highest-requirement service offered.

EU member state of proposed authorisation Home state NCA grants authorisation; passporting enables pan-EU activity.

Does the firm handle Electronic Money Tokens (EMTs)? EBA Feb 2026 Opinion: EMT transfer services may require PSD2 e-money institution authorisation in addition to CASP licence.

Does the firm handle Asset-Referenced Tokens (ARTs)?

Step 02 Capital & Financial Resources (MiCA Art. 67)

MiCA Art. 67 sets permanent minimum capital requirements by service type: €50,000 for advice, reception/transmission, and placing services; €125,000 for custody, exchange, and transfer services; €150,000 for portfolio management. Multi-service firms must meet the highest applicable floor.

Current own funds / capital (€) Eligible own funds per MiCA Art. 67(1) — share capital, retained earnings, reserves.

Capital held as professional indemnity insurance? Art. 67(3) allows PII to substitute for minimum own funds if coverage is equivalent.

Fixed overheads (annual, €) Capital floor may also be 25% of prior year fixed overheads if higher than Art. 67 floor.

Client asset segregation model MiCA Art. 70: CASPs holding client crypto-assets must segregate them from own assets at all times.

Step 03 AML, Travel Rule & Whitepaper Obligations

AML/CFT framework status (5AMLD/6AMLD) CASPs are obliged entities under 5AMLD/6AMLD and EU TFR (Transfer of Funds Regulation).

Travel Rule compliance (EU TFR / FATF) EU Transfer of Funds Regulation (TFR) requires originator/beneficiary data for all crypto transfers regardless of amount.

Crypto-asset whitepaper published (MiCA Art. 6)? Required for issuers of crypto-assets other than exempt categories (Art. 4). CASPs that do not issue need not publish.

Governance & management body requirements (Art. 68) Art. 68 requires fit-and-proper management body, conflict of interest policy, remuneration policy, and business continuity plan.

ICT/cybersecurity resilience (Art. 69 / DORA crossover) Art. 69 requires CASPs to have appropriate ICT security policies. DORA applies to most CASPs from Jan 2025.

Existing national registration / transitional status? Existing nationally-registered CASPs may operate until 1 Jul 2026; new entrants need full MiCA authorisation now.

MiCA CASP Authorisation Assessment

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Capital Adequacy — MiCA Art. 67

Authorisation Readiness Score

Capital adequacy

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Asset segregation

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AML/CFT framework

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Travel Rule (TFR)

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Governance & ICT

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Overall readiness —

Authorisation Requirements Checklist

AP2 v1.0 · @ainumbers.co/mica-casp-auth-v1

Regulatory Sources

[1]MiCA Regulation (EU) 2023/1114 — Title V (Arts. 59–76): CASP authorisation, capital, segregation, governance, conduct of business

[2]ESMA/EBA Joint Guidelines on MiCA CASP authorisation — Level 2 technical standards (2024–2025)

[3]EBA Opinion EBA/Op/2026/01 (February 2026) — Treatment of EMT transfer services under PSD2 and MiCA

[4]EU Transfer of Funds Regulation (EU) 2023/1113 (TFR) — Travel Rule for crypto-asset transfers, applicable from 30 Dec 2024

[5]Directive (EU) 2018/843 (5AMLD) and Directive (EU) 2018/1673 (6AMLD) — AML obligations for CASPs as obliged entities

[6]FATF Recommendation 16 (Travel Rule) — wire transfer data requirements extended to virtual asset service providers