Acquiring a VASP Licence: EU Crypto Regulatory Landscape

With MiCA approaching, acquiring an existing VASP registration offers a faster route to market. We examine opportunities across key jurisdictions.

The Markets in Crypto-Assets Regulation (MiCA) creates both urgency and opportunity in the VASP acquisition market.

Pre-MiCA Landscape

Current VASP registrations across EU member states vary significantly in scope and requirements. Some jurisdictions (Lithuania, Malta) have developed robust frameworks; others remain nascent.

Transition Considerations

Existing VASPs will need to apply for MiCA authorisation. Those with established compliance frameworks, clean records, and experienced teams are better positioned.

Valuation Drivers

Geographic permissions
Existing banking relationships (crucial)
AML/KYC infrastructure maturity
Registered cryptoasset scope