MiCA Licensing
MiCA CASP Licence in Cyprus (CySEC)
A MiCA CASP licence in Cyprus through CySEC: the cost-effective EU hub, the transitional timeline, capital requirements and EU passporting explained.
Cyprus is the cost-effective EU hub. The Cyprus Securities and Exchange Commission (CySEC) already supervises a large population of investment firms (CIFs), and that ecosystem — English-speaking, familiar to forex and CFD operators, comparatively economical — has made it a natural home for crypto-asset firms moving into the MiCA regime.
On timing, Cyprus moved early: CySEC set 27 February 2026 as the deadline for firms under the national transitional regime to file their MiCA application, with the transitional period itself ending on 1 July 2026. Firms that did not apply by the February cut-off were directed to prepare wind-down plans. New entrants today apply directly for full CASP authorisation under MiCA.
Like every member state, a CySEC CASP licence passports across the EU's 27 markets, so a firm authorised in Cyprus can serve clients EU-wide without separate national applications. Minimum capital tracks MiCA's Annex IV classes, subject to the Article 67 own-funds floor. Compare Cyprus against Malta, Lithuania and the others in the CASP Jurisdiction Selector & Cost Estimator.
Why operators choose Cyprus: a strong balance of cost, credibility and an experienced regulator, with an ecosystem familiar to firms migrating from forex/CFD into crypto. What to weigh: the transitional application window has already closed, so plan around a fresh full authorisation. Unsure whether MiCA even applies to your model? Start with the MiCA Exposure Checker.
See also: Malta · Where Polish crypto firms can license
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Indicative guidance, not legal or financial advice. Capital and authorisation requirements are set by MiCA and the named national competent authority; transitional dates verified against ESMA's Article 143(3) list.
