HOW TO GET A MICA LICENSE – STEP-BY-STEP GUIDE FOR 2025

How to Get a MiCA License – Step-by-Step Guide for 2025

How to Get a MiCA License – Step-by-Step Guide for 2025

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The MiCA license is your golden ticket to legally offering copyright services across the entire European Union. But how do you actually get one? Whether you're an exchange, wallet provider, or token issuer, this guide walks you through the step-by-step MiCA license application process in 2025.




Step 1: Determine Eligibility


Before anything, confirm whether your copyright business qualifies as a copyright-Asset Service Provider (CASP). If you do any of the following in the EU, you likely need a MiCA license:





  • Facilitate copyright trades




  • Offer custody services




  • Issue tokens or stablecoins




  • Provide copyright investment advice




If you're unsure, consult legal experts or regulators in your country.



 Step 2: Prepare Required Documentation


To apply for a MiCA license, you must submit the following:





  1. Business Plan: Details of your business model and target market




  2. Whitepaper: For token issuers, outlining use case, risks, and tokenomics




  3. AML/KYC Policy: Proof of Anti-Money Laundering and Know Your Customer procedures




  4. Cybersecurity Policy: Explanation of security infrastructure and data protection




  5. Proof of Capital Reserves: Varies by business type




  6. Management Team Details: CVs, background checks, qualifications




Step 3: Apply Through a National Competent Authority (NCA)


Every EU country has its own National Competent Authority (NCA) that handles MiCA license applications. For example:





  • Germany – BaFin




  • France – AMF




  • Netherlands – DNB




Submit your full application package through the NCA in the country where your business is registered or where you’ll operate.



Step 4: Regulatory Review and Questions


After submission:





  • The NCA reviews your documents




  • You may receive follow-up questions or requests for clarification




  • The review process can take up to 90 working days




Step 5: Receive MiCA Authorization


If approved, your company will be granted MiCA license authorization, allowing you to operate throughout the EU. You’ll also be listed on the EU register of copyright-Asset Service Providers.



 Step 6: copyright Your License Across the EU


One of the biggest benefits of MiCA is passporting—you can operate in all 27 EU countries without reapplying in each one. This saves time, money, and hassle.



Bonus: Stay Compliant Post-Licensing


Getting licensed is just the start. You must also:





  • Maintain clear records




  • Submit regular compliance reports




  • Continuously update cybersecurity measures




  • Stay aligned with any new MiCA updates




 MiCA License Checklist





































Requirement Status
Business plan ✅
AML/KYC policy ✅
Cybersecurity documentation ✅
Token whitepaper (if applicable) ✅
Capital reserves proof ✅
Application to NCA ⏳





Final Thoughts


Getting a MiCA license in 2025 may feel like a bureaucratic mountain, but it’s worth it. It gives your business legal certainty, credibility, and full access to the European copyright market.

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