MiCA Licence in Luxembourg

The European Union’s Markets in Crypto Assets Regulation (MiCA), which will come into full force on 30 December 2024, opens a new stage in the development of the European crypto industry. Its key objective is to create a single legal framework for the issuance of crypto assets and the provision of related services within the EU. For Luxembourg, as one of Europe’s leading financial centres, the introduction of the CASP (Crypto Asset Service Provider) licensing regime is of particular importance. Prior to MiCA coming into force, the country had a system for registering virtual asset service providers (VASPs) administered by the Luxembourg Financial Sector Supervisory Commission (CSSF). This model required compliance with KYC standards, internal control and reporting requirements, which greatly facilitates the future transition to European regulation. However, obtaining a full CASP licence under MiCA requires a much more comprehensive approach, including strict obligations in the areas of corporate governance, IT security, market abuse prevention and conflict of interest management. The European crypto passport provided for by MiCA will be a key integration tool. It will allow companies licensed in Luxembourg to provide services throughout the EU without having to obtain 27 separate national authorisations. This creates a level playing field for existing market participants and opens up opportunities for cross-border expansion. However, the CSSF confirms that the first licences cannot be issued before July 2026, due to the need to finalise the development of Level 2 and Level 3 technical standards at EU level. During this transition period, registered VASPs will be able to continue operating locally in accordance with the existing rules. This “grandfather clause” reduces the risk of sudden business interruption and allows time to prepare for the new requirements. However, companies applying for CASP status should bear in mind that the licensing process will require significant resources, careful preparation of documents and well-established communication with the regulator.

The CSSF is taking an active stance: it is consulting with market participants, organising industry events and offering preliminary discussions for organisations whose activities are potentially subject to MiCA. In addition, in 2024, the European Securities and Markets Authority (ESMA) published a questionnaire to analyse financial companies’ interest in crypto regulation. The regulator is also investing in staff training to ensure an appropriate level of supervision of the new sector. From a practical point of view, the speed of obtaining a licence will largely depend on the quality of the application. For large institutions with resources and experience, the likelihood of expedited processing is higher, while small and medium-sized market participants will need a longer period of adaptation. At the same time, in the long term, the MiCA Licence creates a single European standard that ensures transparency and legal certainty, which strengthens investor confidence and contributes to the sustainable development of the sector. For companies considering obtaining a CASP licence in Luxembourg, the immediate task is to prepare documentation early, establish internal controls and comply with risk management requirements. The transition period until July 2026 should be used as effectively as possible to ensure compliance with MiCA standards and strengthen positions in the European market.

On 28 May 2025, the Luxembourg government published an updated report on the national risk assessment in the field of anti-money laundering and counter-financing (AML/CFT). The document officially classified the cryptocurrency industry, including virtual asset service providers (VASPs), as “high risk.” This decision reflects the authorities’ position on the need for increased control over companies working with digital assets. The assessment is based on a combination of factors: the international nature of transactions, the scale of operations, the complexity of legal structures, and the high degree of technological anonymity associated with the use of cryptocurrencies. Back in 2020, specific risks for VASPs were highlighted for the first time in the national report, and in 2022 they were characterised as “very high” due to the cross-border nature of the crypto market. The classification of the cryptocurrency business as high-risk increases the requirements for companies registered in Luxembourg. For them, compliance with anti-money laundering standards, including enhanced KYC procedures, transaction monitoring and internal control, becomes a key priority. The CSSF, acting as the competent supervisory authority, requires crypto providers to implement comprehensive risk management systems and regular reporting. The increased attention to the sector coincides with the introduction of the pan-European Markets in Crypto-Assets (MiCA) regulatory framework. The regulation came into force in 2023 and began to apply in 2024, providing for mandatory licensing of crypto-asset service providers (CASP) and establishing uniform rules for token issuers, including stablecoins (EMT and ART). In practice, this means that CASP licences began to be issued in the EU in January 2025, enabling a number of leading exchanges, including Kraken and Crypto.com, to offer their services legally.

Particular attention is paid to stablecoins, which are considered the most sensitive category of digital assets in terms of financial stability. MiCA introduces strict requirements for EMT and ART issuers in terms of reserves, risk management and disclosure. Some major players, including Tether, have already announced their unwillingness to comply with the new rules, which has led to restrictions on USDT trading on a number of European platforms. The classification of the cryptocurrency sector as high-risk confirms that Luxembourg is taking a pragmatic position: on the one hand, the country remains an attractive hub for innovative financial services, while on the other hand, it is tightening controls to minimise AML/CFT threats. For cryptocurrency companies planning to operate in Luxembourg, this means not only obtaining a MiCA licence, but also establishing internal procedures on par with traditional financial institutions. Compliance with the new requirements is becoming a prerequisite for long-term market presence and access to the single European market.

MiCA regulations in Luxembourg

The adoption of the EU Regulation on Markets in Crypto-assets (MiCAR, Regulation (EU) 2023/1114) was a key step in creating a harmonised legal framework for crypto-assets in the European Union. Unlike the previous fragmented practice of national licences, the new regime establishes uniform rules for issuers and service providers with the aim of ensuring legal certainty, protecting consumers and strengthening financial stability. For Luxembourg, traditionally an important European financial centre, the introduction of MiCA means a transition to more structured regulation of the cryptocurrency market. The Commission for the Supervision of the Financial Sector (CSSF) has been designated as the national competent authority responsible for implementing the provisions of the Regulation. MiCA covers a wide range of crypto-assets, including asset-backed tokens (ART), electronic money tokens (EMT), and other crypto-assets not covered by the existing EU financial services directives ( ). Crypto-asset service providers (CASP) are required to obtain authorisation from the CSSF and are subject to requirements in the areas of corporate governance, capitalisation, organisational structure and anti-money laundering compliance. Certain categories of financial institutions already licensed in the EU may provide certain crypto services on the basis of a notification, which simplifies their entry into the market. Particular attention is paid to the classification of crypto assets. Companies must determine for themselves whether their tokens fall under MiCA, taking into account the criteria set out in Article 2 of the Regulation, as well as ESMA guidelines and joint interpretations by European supervisory authorities. If tokens qualify as financial instruments under MiFID II, they are not regulated by MiCA and are subject to a different legal regime. Transitional provisions are provided for virtual asset service providers (VASPs) registered in Luxembourg. From 30 December 2024 to 1 July 2026, such companies may continue to operate on the basis of their previously obtained registration, but are required to undergo the CASP licensing procedure in accordance with Article 63 of MiCA. Thus, businesses have an 18-month period to bring their activities into full compliance with the new requirements.

ART and EMT issuers are subject to stricter timeframes. From 30 June 2024, they must comply with MiCA rules, including requirements for capital, reserve asset management, disclosure and the provision of recovery and resolution plans. Transitional provisions are provided for ARTs if their issuance began before the specified date, while no concessions are provided for EMTs. The CSSF actively interacts with market participants, offering organisations preliminary consultations and publishing guidance materials. The regulator regularly refers to EBA and ESMA guidelines and develops national circulars and forms to ensure the practical implementation of MiCA provisions. The introduction of MiCA in Luxembourg creates a transparent and predictable regulatory environment that increases confidence in the crypto industry while strengthening risk control. For companies working with virtual assets, it is crucial not to delay preparations for CASP licensing, as well as to ensure the correct qualification of tokens and compliance with strict requirements for management and investor protection. With the legal framework already in place and the transition period limited, it is important for businesses to enlist professional support to effectively interact with the CSSF and successfully obtain a licence that provides access to the single European crypto market. This is precisely the kind of support that Regulated United Europe‘s specialists can offer, accompanying clients through all stages of the licensing process. In recent years, crypto assets have become widespread, attracting the attention of both private investors and professional market participants. In Luxembourg, one of Europe’s key financial centres, the approach to regulating this area is based on the principles of prudence and neutrality. The Commission for the Supervision of the Financial Sector (CSSF) emphasises the need for careful risk assessment and warns investors against hasty decisions, especially given the high volatility of cryptocurrencies such as Bitcoin.

With the entry into force of the Regulation on Markets in Crypto-assets (MiCAR, Regulation (EU) 2023/1114), the European Union has established a single regulatory framework applicable to both traditional financial institutions and new participants in the crypto economy. The main provisions of MiCA are aimed at creating harmonised rules for issuance, public offering and admission to trading, as well as regulating the activities of crypto-asset service providers (CASP). The document covers three categories of tokens: asset-backed tokens (ART), electronic money tokens (EMT) and other crypto-assets ( ) that were not previously regulated by existing EU law. In Luxembourg, CASPs are required to obtain authorisation from the CSSF, which involves meeting prudential and organisational requirements, including risk management, corporate governance and customer protection. Certain categories of financial institutions already licensed in the EU (banks, investment companies, UCITS and alternative fund managers) may provide crypto services on the basis of a notification, without undergoing the full CASP licensing procedure.

MiCA entered into force on 29 June 2023 and is being implemented in stages:

• from 30 June 2024 – in terms of regulation and supervision of ART and EMT issuers
• from 30 December 2024 – in relation to CASPs and issuers of other crypto assets

At the same time, the national scheme for virtual asset service providers (VASPs), regulated by the law on combating money laundering and terrorist financing, continues to operate. This regime provides for limited CSSF supervision, focused on AML/CFT measures. A transition period until 1 July 2026 has been established for registered VASPs: during this time, they may continue to operate on the basis of their registration, but are required to bring their activities into compliance with MiCA and undergo the CASP licensing procedure. The CSSF publishes recommendations for investors, drawing attention to key risks: high price volatility, the absence of guarantee schemes typical of bank deposits, vulnerability to cyber threats, and limited protection when working with third-country providers. The regulator also urges investors to check the authorisations and registrations of companies in the CSSF’s national register or the ESMA’s European registers.

One of the central elements of MiCA is crypto asset white papers — information documents that disclose the characteristics of a token, investor rights, and associated risks. For ARTs, such documents are subject to mandatory approval by the CSSF or another competent EU authority. In the event of publication of an unapproved document, full responsibility lies with the issuer. It is important to note that MiCA does not apply to service providers from jurisdictions outside the EU. Investors working with such companies are deprived of the legal protection provided by European regulations and are exposed to an increased risk of fraud, limited legal protection and no guarantee of refunds. Luxembourg, as one of the leading platforms for financial innovation, is actively integrating MiCA into national practice, ensuring a balance between industry development and market participant protection. For companies, this means the need for thorough preparation for CASP licensing, and for investors, a higher level of transparency and access to verified information. Regulated United Europe provides comprehensive support in Luxembourg: from analysing compliance with the new MiCA requirements to interacting with the CSSF, preparing white papers and obtaining a CASP licence, which opens up access to the single European crypto market.

MiCA and tokenisation in Luxembourg: a new direction for financial markets

Luxembourg continues to strengthen its position as one of the key centres of digital finance in Europe. Recent events confirm this trend: in June 2025, the Coinbase crypto exchange received a MiCA licence from the Commission for the Supervision of the Financial Sector (CSSF), Blackrock registered an exchange-traded product (ETP) based on the Bitcoin , and Apex Group acquired a controlling stake in Tokeny, a fintech company specialising in tokenisation. These steps underscore the growing interest in the adoption of new technologies and the transition to harmonised regulation of the crypto market. The EU Regulation on Markets in Crypto-assets (MiCA), which came into force in 2023 and has been applicable since 2024, was a turning point for the industry. It replaced a fragmented system of national rules with a single European regulatory framework. For companies, this means the ability to operate in the EU on a “single passport” basis, and for investors, it means greater protection and transparency. At the same time, the new requirements place serious obligations on business structure, internal control, asset storage systems and conflict of interest management. Experts note that MiCA provides three key advantages: regulatory transparency, harmonisation of requirements and access to the European market under a single licence. However, it also restricts access to certain products and complicates the launch of new solutions, requiring market participants to strike a balance between global infrastructure and local regulation. Another important factor for Luxembourg was the adoption of Blockchain Law IV, which expands the use of distributed ledger technology (DLT) in the financial sector, including the issuance of shares. The CSSF takes a technology-neutral position, allowing both public and private blockchains, and requires market participants to be clear in disclosing risks to investors. The regulator focuses not on technical details, but on the transparency and clarity of information.

Institutional players are increasing their interest in digital assets. One example is Blackrock’s ETP, which allows investors to access Bitcoin without having to directly manage liquidity. For many investors, digital assets are still a new asset class that requires additional explanation and education. At the same time, millennials and Gen Z are actively involved in the crypto economy, which forms the basis for further growth. Tokenisation, along with cryptocurrencies, is becoming a separate area of development. Apex’s deal with Tokeny demonstrates a strategy to enter the tokenised asset market and a desire to take advantage of the convergence between public and private markets. Tokenisation opens up new distribution channels, lowers the entry threshold for investors and increases operational efficiency. At the same time, it is important to distinguish between the tokenisation of existing assets and funds investing in tokenised instruments, as these involve different levels of risk and strategies. The successful development of tokenisation and the crypto market requires not only legislation, but also a comprehensive infrastructure: compatible systems, legal certainty and educational initiatives. Regulation must stay ahead of innovation, creating a legal framework for the sustainable implementation of new solutions. Luxembourg, thanks to its flexibility and cooperation between government agencies and the private sector, is able to offer effective regulatory and support mechanisms. This makes the country an attractive platform for companies seeking to leverage the benefits of MiCA and tokenisation to grow their business in Europe. MiCA regulation, combined with national blockchain initiatives, forms a balanced model that brings together the interests of the state, business and investors. In this context, timely legal support plays a key role in successful market entry and long-term operation in the digital finance sector.

 Taxation of cryptocurrencies in Luxembourg in 2025

Cryptocurrencies and related assets are becoming an integral part of the global financial system, which naturally attracts the interest of investors and regulators. One of the key issues remains the tax regime for such assets. Luxembourg, as one of Europe’s leading financial centres, has developed an approach that combines tax neutrality with compliance with the principles of transparency and legality. In Luxembourg, cryptocurrencies are not regulated by a separate special tax law. Their taxation is subject to general provisions of legislation, including the Income Tax Law (LIR) and other regulations. The key document defining the application of the LIR to cryptocurrencies is the circular dated 26 July 2018, which clarifies the taxation of income from transactions with digital assets.

In addition to the LIR, the following also play an important role:

• The Financial Sector Act of 5 April 1993, which regulates the activities of companies involved in crypto assets, including AML/CFT measures
• The Law of 25 March 2020, which implemented the Fifth EU Anti-Money Laundering Directive
• The EU Regulation on Markets in Crypto-assets (MiCA), which applies directly and introduces uniform regulatory standards for issuers and service providers in this area.

Thus, cryptocurrencies and NFTs are treated under existing general tax rules, with specific clarifications providing predictability in the application of these rules to digital assets. The tax regime in Luxembourg is favourable compared to a number of other EU jurisdictions, where rates reach up to 50%. Under certain conditions, capital gains may be taxed at a reduced rate, and in some cases may not be taxed at all.

– Capital gains from the sale of cryptocurrencies: income from the sale of cryptocurrencies is taxable if the asset has been held for less than six months. In the case of longer ownership, capital gains for private investors may be exempt from taxation.
– NFTs: there are no specific regulations for NFTs, but in practice they are treated as intangible assets. Their sale is considered within the general principles of taxation of income from digital assets.
– VAT: cryptocurrency transactions in Luxembourg are exempt from VAT. This approach is in line with the position of the Court of Justice of the European Union, which classifies cryptocurrencies as a means of payment rather than a good or service.

Income from cryptocurrency transactions must be declared in the annual tax return. Taxpayers are required to keep detailed records of transactions, including transaction dates, investment and sales amounts, and commissions. Although it is not necessary to attach this information to the tax return, it may be requested by the tax authorities during an audit.

Failure to comply with tax obligations will result in penalties:
– fines for late or inaccurate filing of returns;
– interest charges for late payment (0.6% per month of the unpaid amount).

Practice shows that tax authorities require taxpayers not only to formally declare their income, but also to provide reliable documentation confirming the source of funds and the correctness of calculations.

Cryptocurrencies and NFTs remain high-risk assets. Investors should consider their volatility, lack of return guarantees, and increased technological risks. In addition, investor protection under MiCA will only apply to service providers and issuers that have undergone the EU licensing process. Participating in transactions with companies from third countries deprives investors of such protection and significantly increases the risk of fraud. Luxembourg remains one of the most favourable tax jurisdictions for private investors and companies working with digital assets. However, tax advantages are only possible with strict compliance with applicable laws, accurate accounting of transactions, and timely fulfilment of obligations to tax authorities.   For crypto entrepreneurs and investors interested in working in Luxembourg, the key to success is the correct classification of assets and understanding the specifics of the tax regime.

Tax rates in Luxembourg for 2025

Companies that have obtained a MiCA licence in Luxembourg

On 20 June 2025, the Luxembourg Financial Sector Supervisory Commission (CSSF) granted Coinbase a licence in accordance with the Markets in Crypto Assets Regulation (MiCA). This decision marks an important step for both the platform itself and the European crypto ecosystem, opening up the possibility of providing a full range of crypto products and services throughout the European Union. Founded in 2012 and listed on Nasdaq, Coinbase has long been a leader in the global digital asset market. Obtaining a MiCA licence in Luxembourg means that the company will be able to use the European “crypto passport” regime, providing access to 27 EU countries and a potential customer base of 450 million people. According to Coinbase management, the choice of Luxembourg as a European hub is due to several factors. First, the country has a long tradition of financial regulation and a transparent regulatory environment. Second, Luxembourg has demonstrated a systematic approach to the implementation of blockchain technologies by adopting four legislative initiatives aimed at regulating digital assets and distributed ledger technology. Thirdly, the CSSF has established itself as a competent and demanding regulator, setting high standards for investor protection and legal certainty. Coinbase’s strategy goes far beyond classic cryptocurrency trading. The company is actively diversifying its sources of income: today, about 35% of its revenue comes from subscriptions and services, including institutional asset storage, staking, and B2B solutions. This approach reduces dependence on trading commissions and strengthens the company’s position as a provider of next-generation financial infrastructure. Financial indicators confirm the stability of the business: in the first quarter of 2025, revenue amounted to $2.03 billion, and adjusted EBITDA reached $930 million. At the same time, the company has $9.9 billion in liquid assets on its balance sheet, part of which is placed in USDC, a stablecoin created in partnership with Circle.

For Luxembourg, Coinbase’s presence is of strategic importance. The creation of a European crypto hub here demonstrates the country’s attractiveness as a jurisdiction for global players operating in the digital asset space. This confirms that local blockchain laws and the CSSF’s adaptive approach create conditions for the integration of innovative solutions into the financial sector. At the same time, the MiCA licence imposes strict obligations on Coinbase: ensuring local control over asset storage, complying with conflict of interest rules, protecting consumer rights and meeting transparency requirements. The CSSF will closely monitor how the company complies with these conditions in order to maintain confidence in the financial system. Thus, Coinbase’s acquisition of a MiCA licence in Luxembourg is not only a corporate success but also a landmark event for the European crypto market. It confirms that Luxembourg is ready to play a leading role in integrating digital assets into the traditional financial system, and MiCA is becoming the foundation for the long-term and sustainable development of the sector. For other companies planning to enter the EU market, Coinbase’s experience is a telling example: having a MiCA licence opens up access to the single European market, but requires careful preparation, legal support and compliance with high regulatory standards.

On 16 May 2025, the Luxembourg Financial Sector Supervisory Commission (CSSF) granted Bitstamp a crypto-asset service provider (CASP) licence in accordance with the EU Regulation on Markets in Crypto-assets (MiCA). For the world’s oldest cryptocurrency exchange, founded in 2011 and based in Luxembourg, this event was a strategic step, paving the way for expansion throughout the European Union and the European Economic Area. The new licence allows Bitstamp to offer its customers a full range of services, including trading platform management, customer order execution and custodial storage of crypto assets, with the right to provide cross-border services under a single “crypto passport”. This allows the company to operate without the need for separate licensing in each EU jurisdiction. Bitstamp’s management emphasises that the MiCA licence reinforces the company’s key priorities: customer safety and regulatory transparency. According to CEO Jean-Baptiste Graffette, the EU regulatory framework creates a solid foundation for investor confidence and sets uniform standards for the entire industry. He noted that obtaining the licence is “a significant achievement and confirmation of Bitstamp’s leadership position in the European market.”

It is noteworthy that the CASP licence was issued less than a year after Bitstamp received MiFID authorisation to operate a multilateral trading facility (MTF). This consistent approach demonstrates the company’s commitment to ensuring maximum compliance with EU requirements and building a model for sustainable growth in an increasingly regulated environment. One area of adaptation has been the update of the company’s stablecoin products. In anticipation of licensing, Bitstamp worked to bring its offerings into compliance with MiCA requirements, confirming its commitment to transparency and reliability. Obtaining the CASP licence opens up additional opportunities for Bitstamp. The company intends to expand its product line targeting both retail and institutional clients, as well as strengthen its position in the European market amid growing demand for regulated and secure crypto services.

Luxembourg, which granted the licence through the CSSF, has once again confirmed its status as one of the leading jurisdictions for crypto companies. Thanks to its flexible but strict regulatory framework, the country remains an attractive platform for global players seeking to leverage MiCA to enter the single EU market. Bitstamp’s experience demonstrates that timely preparation for MiCA requirements and consistent engagement with the regulator create a competitive advantage for companies focused on long-term operations in Europe. For other market participants, this example confirms that the CASP licence is becoming a key tool for integrating the crypto sector into the EU financial system. MiCA regulation in Luxembourg, combined with the CSSF’s strong reputation as a reliable regulator, creates an environment in which crypto businesses can develop based on transparency, sustainability and trust. It is in such conditions that the legal support of Regulated United Europe‘s specialists becomes an important factor in the success of companies seeking to obtain a MiCA licence and consolidate their position in the European market.

Clearstream Banking S.A., part of the international Deutsche Börse Group, has officially obtained a Crypto Asset Service Provider (CASP) licence in accordance with the EU Markets in Crypto Assets Regulation (MiCA). The licence was issued to by the Luxembourg Financial Sector Supervisory Commission (CSSF), confirming the company’s readiness to provide crypto-asset services in full compliance with European regulatory standards. Obtaining the MiCA licence opens up the possibility for Clearstream to use the “European crypto passport” regime, which will allow it to provide services throughout the European Union without the need to obtain separate national licences. This decision significantly strengthens the company’s position as an infrastructure provider capable of connecting the traditional financial sector with the new digital asset segment. For Clearstream, integration into the MiCA legal framework is of strategic importance. The company, which specialises in custody services, settlement and clearing, can now officially provide services for the storage and processing of crypto assets, ensuring a high level of protection for customer rights and infrastructure reliability. The CSSF, in turn, focuses on issues of local control, prevention of conflicts of interest and compliance with strict anti-money laundering standards. Clearstream’s MiCA licence demonstrates that leading institutions in the traditional financial sector are actively entering the digital asset market, laying the foundation for the integration of blockchain solutions into Europe’s existing financial ecosystem. This development strengthens the confidence of institutional investors, contributes to liquidity growth and increases the competitiveness of the European financial market. Thanks to its stable regulatory framework and the CSSF’s open stance on financial innovation, Luxembourg confirms its status as one of the key centres for digital asset regulation in Europe. The acquisition of MiCA licences by players such as Clearstream strengthens the country’s role as a strategic hub where conditions for the balanced growth of the crypto economy are created. For market participants, Clearstream’s experience is an indication that the implementation of MiCA entails not only new obligations but also significant opportunities for long-term development within the single European space.

How can Regulated United Europe help you obtain a MiCA licence in Luxembourg?

Luxembourg is one of Europe’s key financial centres and is actively developing its regulatory framework for digital assets. With the entry into force of the EU Regulation on Markets in Crypto-assets (MiCA), companies working with cryptocurrencies and other types of crypto-assets are required to undergo a licensing procedure with the Commission de Surveillance du Secteur Financier (CSSF). This process requires thorough preparation, compliance with a wide range of requirements, and a deep understanding of the specifics of European and national regulations. Obtaining a MiCA licence in Luxembourg is subject to strict conditions. Companies must demonstrate a transparent and sustainable business model, an appropriate corporate structure and well-developed internal policies. The CSSF pays particular attention to risk management, information security, asset storage procedures, anti-money laundering measures and the protection of client interests.

Regulated United Europe provides comprehensive support for the successful acquisition of a MiCA licence in Luxembourg. Our work is structured as follows:

• Conducting a preliminary legal analysis to determine the company’s compliance with MiCA criteria and select the optimal strategy
• Preparing a complete set of documentation, including internal policies on AML/KYC, risk management, IT security, as well as developing a business plan and financial models
• Supporting interaction with the CSSF, including submitting applications, responding to regulator requests, and participating in working meetings
• Structuring corporate governance with the selection of qualified board members and the appointment of key control functions
• Post-licensing support, including the creation of a compliance system, monitoring of regulatory compliance, and the development of effective reporting.

Cooperation with Regulated United Europe allows companies not only to speed up the licensing process, but also to minimise legal risks, ensuring long-term sustainability of operations in the European crypto market. This approach makes entering the EU market more predictable and secure, creating conditions for successful business development in the new regulatory environment.