MiCA and business accounts for crypto companies
Since MiCA, a crypto business in the EU is asked first whether it is authorised. Many business-account providers write their crypto rules around that question.
The transitional period has ended
MiCA entered into force in June 2023. Firms already providing crypto-asset services under national law before 30 December 2024 could continue, at the latest, until 1 July 2026, or until they were granted or refused authorisation. Member states could set a shorter period.
until 1 July 2026
Checking a firm's authorisation
ESMA publishes a register of authorised crypto-asset service providers, updated at regular intervals, on its MiCA page. A provider asked to open an account for a crypto business may check it, and so can you before you apply.
What providers publish
Some providers take crypto businesses only with a licence and name it. Others refuse exchanges or wallets outright, and many differ by activity: exchange, custody and payments, or web3 software. The crypto industry page lists every provider in our base by its own answer, each with its quote and date.
We review your licences (VASP, CASP or equivalent), business model, fund flows and counterparties