21
Mon, Jul
76 New Articles

Crypto: Time Running Out To Apply for MiCA Licence!

Czech Republic
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

By 31 July 2025, all entities that were authorised to provide crypto-asset-related services (so-called VASPs) before 30 December 2024 must apply for authorisation as a Crypto-Asset Service Provider (CASP) under the MiCA Regulation.

Failure to submit the application by this date will result in the loss of eligibility for the extended transitional period until 1 July 2026, during which existing activities could otherwise continue.
Additionally, six new regulatory and implementing technical standards have come into effect as of 20 April 2025, setting out the details, templates and forms for applications pursuant to Article 62 of MiCA.

The application documentation is extensive and requires considerable time to prepare. If you plan to apply for a licence, now is the right time to start.

By Lukas Tomanek, Junior Lawyer, JSK Law firm, PONTES

Pontes at a Glance

PONTES the CEE lawyers is an international association of law firms rooted in the culture of cooperation and results.

Our team's distinctive competence lies in its ability to blend legal service with a level of regional insight. Knowledge is the key to our excellence: addressing trends within the practice and bringing the best minds together. PONTES firms also benefit from a schedule of cross-border training events, staff secondment and quarterly roundtables.

PONTES draws on in-depth knowledge acquired by leading international practices; a group of over 150 professionals from Austria, Bulgaria, Czech Republic, Hungary, Poland, Romania and Slovakia delivering top-flight legal services clients can rely on, with experience in a range of practices including corporate/M&A, private equity & venture capital, banking and finance, real estate, litigation and dispute resolution, contract, employment, energy and infrastructure, as well as insurance and capital markets.

For more information, please visit our website or contact at office@ponteslegal.eu