CASP Authorization: What It Is, Why It Matters, and How to Get Certified

When working with CASP authorization, the official permission for Crypto Asset Service Providers to operate under EU law. Also known as crypto service provider license, it makes sure firms meet capital, governance, and consumer‑protection standards. This framework sits inside the broader MiCA, the EU Markets in Crypto‑Assets Regulation that defines how crypto businesses can be licensed. AML/KYC compliance, anti‑money‑laundering and know‑your‑customer checks required by regulators is a core pillar of that permission. Finally, crypto licensing, the process of obtaining legal approval to offer crypto services, ties everything together, turning a tech idea into a regulated business.

Key Requirements for CASP authorization

The regulation demands three big things: capital adequacy, robust governance, and consumer safeguards. Capital adequacy means a firm must hold a minimum amount of liquid assets—MiCA sets the exact numbers, and the regulator checks the balance sheet before granting the licence. Governance covers board structure, risk‑management policies, and internal controls; without a solid framework, a CASP licence is off the table. Consumer safeguards include clear disclosure of fees, secure custody solutions, and a transparent dispute‑resolution process. All of these elements are linked: CASP authorization requires compliance with AML/KYC rules, and those rules are explicitly spelled out in MiCA, making the whole ecosystem mutually reinforcing.

Applying for the licence follows a set of steps that most firms find predictable once they know the checklist. First, submit a detailed business plan that outlines the services, target markets, and technical architecture—including any smart‑contract or token‑issuance features. Second, undergo a third‑party audit of security measures and anti‑fraud controls; the audit report must reference AML/KYC procedures and show how they meet MiCA’s standards. Third, after approval, the provider must file regular reports on capital levels, transaction volumes, and any suspicious activity. Meeting these ongoing obligations not only keeps the licence active but also builds trust with users, investors, and partners across the EU.

Below you’ll find a curated collection of articles that dive deeper into the topics surrounding CASP authorization. From smart‑contract use cases and crypto exchange reviews to the latest regulatory news in Japan, Vietnam, and the EU, the posts give practical tips, real‑world examples, and up‑to‑date analysis. Whether you’re just starting to explore crypto licensing or you’re ready to submit your first MiCA application, this resource pack will help you navigate the landscape with confidence.