Single market
One authorization opens up all 27 Member States, without repeating the licensing process country by country.
MiCA Passporting: Operate Across the EU
Once you are authorized as a CASP in one Member State, MiCA passporting lets you provide your crypto-asset services in all 27 EU countries through a simple notification, without applying for separate national licenses (Regulation (EU) 2023/1114). We help you passport your services safely.
Want to passport your services?
Tell us which countries you want to operate in and we will guide you through the MiCA notification.
- 50+ institutions advised
- Reply within 24 h
- No commitment
- Markets with a single license
- 27 Member States
- Start after notification
- 15 days
- Reference regulation
- MiCA
- Home authority in Spain
- CNMV
Concept
What is MiCA passporting?
The MiCA passport is the mechanism that allows a crypto-asset service provider (CASP, or PSCA in Spanish) authorized in one Member State to provide those same services in the rest of the European Union, without having to apply for separate authorization in each country.
It rests on the single authorization principle of Regulation (EU) 2023/1114 (MiCA): one license, valid in all 27. Its Title V recognizes the free provision of services and the right of establishment for authorized CASPs. In Spain, the home competent authority is the CNMV.
Regulation (EU) 2023/1114
MiCA · Title V
CNMV · ESMA
Why it matters
What the passport gives you
For a crypto project that wants to scale in Europe, the passport is the difference between one license and a 27-country market.
Fast rollout
After the notification, you can start providing services in the host Member State within a short time, without a new full application process.
Legal certainty
You operate under a harmonized European framework and appear in ESMA’s public register, which strengthens the trust of clients and banks.
How it works
The notification process, step by step
The passport is not a new license: it is a notification that your home competent authority forwards to the Member States where you want to operate.
01
Authorization as a CASP
Starting point: being authorized as a crypto-asset service provider in your home Member State (in Spain, by the CNMV).
Prerequisite02
Passporting request
You tell your home authority which host Member States you want to operate in and the specific services you want to provide in each one.
Authorized services03
Notification to the host Member States
The home authority forwards the information to the competent authorities of the host countries and to ESMA.
Home → host04
Start of services
You can start providing the notified services 15 calendar days after the notification, and you appear in ESMA’s register.
15 calendar daysImportant nuance: financial entities that are already authorized (banks, investment firms, etc.) and want to provide crypto-asset services do not follow the full authorization process; instead, they follow a prior notification regime. The scope of the passport is always limited to the services actually authorized.
Scope
Crypto-asset services you can passport
MiCA defines a list of CASP services. You can only passport those for which you are actually authorized.
Custody and administration of crypto-assets on behalf of clients
Exchange of crypto-assets for funds or for other crypto-assets
Execution of orders for crypto-assets on behalf of clients
Reception and transmission of orders for crypto-assets
Advice on crypto-assets
Portfolio management on crypto-assets
Placing of crypto-assets
Transfer services for crypto-assets on behalf of clients
Operation of a trading platform for crypto-assets
Remember: the passport covers only the services for which you are authorized. If you want to extend your range of services in other Member States, your home authorization must be extended first.
Honest caveats
The passport is not a blank check
Operating in another Member State under a passport has limits and nuances that are worth knowing before you launch.
Local conduct rules
Marketing, the language of disclosures and consumer and advertising rules may have national specificities. In Spain, information addressed to retail clients must be provided in Spanish.
Powers of the host authority
The authorities of the host Member State retain exceptional powers to intervene in the event of serious risks to investors, market integrity or financial stability.
Transitional period
Providers that were already operating under national regimes (VASPs) had a transitional period until July 1, 2026 at the latest, depending on each Member State. That period has now ended, so MiCA authorization is required.
Specialist support
How we help you
We support your crypto project from authorization in your home Member State to an orderly rollout in the host markets.
Passporting strategy
We define which Member States it makes sense to passport into, with which services and in what order, aligning your expansion with your home authorization.
Notification and filing
We prepare the notification documents for the home authority and coordinate the timeline until services start.
Local compliance
We review marketing, disclosure language and conduct rules in each host Member State to avoid issues after launch.
Ready to operate across the EU?
We help you plan and complete MiCA passporting for your crypto-asset services, with every national nuance under control.
Frequently asked questions
MiCA passporting: common questions
What is MiCA passporting?
It is the mechanism that allows a CASP authorized in one Member State to provide its crypto-asset services in the rest of the EU through a notification, without needing new authorization in each country. It is based on the single authorization under Regulation (EU) 2023/1114 (MiCA).
Do I need a license in each country?
No. That is precisely the advantage of the passport: with a single authorization in your home Member State you can operate in all 27. What takes place is a notification to the host Member States, not a new license.
How long does it take to become effective?
As a general rule, you can start providing the notified services 15 calendar days after the home authority sends the notification to the host Member State.
Who authorizes and who registers?
In Spain, the home authority that authorizes the CASP is the CNMV. At EU level, ESMA keeps a public register of authorized providers and passported services.
Can I passport any service?
Only the services for which you are actually authorized. If you want to provide additional services in other Member States, your home authorization must be extended first.
Does the passport exempt me from local rules?
Not entirely. Marketing, the language of disclosures and certain consumer and advertising rules may have national nuances. In Spain, information for retail clients must be provided in Spanish.
What if I was already operating as a VASP?
There was a transitional period until July 1, 2026 at the latest (with differences between Member States) for providers that were already operating under national regimes. It has now ended, so MiCA authorization is required. You can read more on the transition from VASP to CASP.
Can a Member State block my passport?
Host authorities retain exceptional powers to intervene in the event of serious risks to investors, market integrity or financial stability. It is not common, but it is worth bearing in mind when planning.
Contact
Book a call
Tell us about your project and we will guide you on MiCA passporting, host Member States and local compliance nuances.
MiCA passporting in EU crypto-asset regulation
The MiCA passport is one of the great advantages of the new European framework: it turns a national authorization as a crypto-asset service provider into a key to all 27 Member States of the Union. Its legal basis is Regulation (EU) 2023/1114 (MiCA), whose Title V recognizes the free provision of services and the right of establishment for authorized CASPs.
Single authorization and notification
The principle is simple: you obtain authorization once and, from then on, all you need to operate in other Member States is a notification that the home authority forwards to the host authorities. In Spain, the home authority is the CNMV; financial entities that are already authorized use a specific notification regime instead of full authorization.
Timelines and the ESMA register
Once the notification has been made, the CASP can start providing the notified services after 15 calendar days. ESMA keeps a European public register of authorized providers and the services they have passported, which brings transparency and traceability to the market.
National limits and nuances
The passport does not mean absolute freedom: marketing, the language of disclosures and certain consumer and conduct rules may have national particularities, and host authorities retain exceptional powers in the event of serious risks. In addition, providers that were already operating as VASPs had a transitional period until July 1, 2026 at the latest, which has now ended. That is why it pays to plan your expansion with expert advice, aligning your authorized services with your market strategy.
Crypto-assets and MiCA
Related crypto procedures
Areas and resources
Official sources
Key legislation, linked to the official text:
- Regulation (EU) 2023/1114 of May 31, 2023 on markets in crypto-assets (MiCA)EUR-Lex · Official Journal of the EU
- Regulation (EU) 2023/1113 of May 31, 2023 on information accompanying transfers of funds and certain crypto-assetsEUR-Lex · Official Journal of the EU
Legislation and links reviewed in .