Transfer services for crypto-assets
Moving crypto-assets on behalf of a client between distributed-ledger addresses or accounts requires a crypto-asset service provider (CASP) authorisation in the EU under MiCA Article 3(1)(16)(j) and 3(1)(26). European authorisation allows seamless passporting across the EEA. Outside the EU, transfer services are regulated under virtual asset service provider (VASP) frameworks implementing FATF travel rule standards.
Definition
Moving crypto-assets on behalf of a client from one distributed-ledger address or account to another.
- MiCA, Art. 3(1)(16)(j) and 3(1)(26): official text
Which licence you need
Licence families that typically permit this activity:
- CASP · Cyprus
Notification by financial entities providing crypto-asset services under MiCAR Article 60
CySEC
- CASP · Cyprus
Crypto-Asset Service Provider (CASP) authorisation under MiCAR Article 63
CySEC
- CASP · Czech Republic
Crypto-Asset Service Provider authorisation under MiCA and Act No. 31/2025 Coll. (povolení k činnosti poskytovatele služeb souvisejících s kryptoaktivy)
CNB
- VASP · Dubai (VARA)
Virtual Asset Transfer and Settlement Services Licence
VARA
- CASP · Estonia
Authorisation to operate as a crypto-asset service provider under MiCA
FI
- CASP · France
Prestataire de services sur crypto-actifs (PSCA) / Crypto-asset service provider authorization under EU MiCA Regulation
AMF
- CASP · Germany
Crypto-asset service provider licence (Zulassung als Anbieter von Kryptowerte-Dienstleistungen nach Art. 59 MiCAR / KMAG)
BaFin
- CASP · Ireland
Crypto-Asset Service Provider Authorisation
CBI
- CASP · Italy
Fornitore di servizi per le cripto-attività / Crypto-asset service provider (CASP) authorization
CONSOB
- CASP · Latvia
Crypto-asset service provider licence under MiCA
LB
- CASP · Lithuania
Crypto-asset service provider licence
LB
- CASP · Luxembourg
Crypto-asset service provider authorisation under MiCA Regulation
CSSF
- CASP · Malta
Crypto-Asset Service Provider authorisation under Regulation (EU) 2023/1114
MFSA
- CASP · Netherlands
Crypto-Asset Service Provider (CASP) authorisation under Regulation (EU) 2023/1114 (MiCA)
AFM
- CASP · Poland
Crypto-Asset Service Provider authorization under MiCA (zezwolenie na świadczenie usług w zakresie kryptoaktywów)
KNF
- CASP · Slovakia
Crypto-asset service provider licence under MiCA (povolenie na činnosť poskytovateľa služieb kryptoaktív)
NBS
- CASP · Spain
Proveedor de servicios de criptoactivos (PSC) / Crypto-asset service provider authorization
CNMV
Where it can be licensed
Frequently asked questions
What travel rule obligations apply when transferring crypto-assets?
Transfer service providers must obtain, verify and transmit originator and beneficiary information to the counterparty institution alongside each transaction. Under EU rules implementing FATF standards, these requirements apply to all crypto transfers involving regulated intermediaries, regardless of transaction value.
Does mining or blockchain transaction validation constitute a regulated crypto transfer service?
No, proof-of-work miners, proof-of-stake validators and node operators validating blockchain consensus do not act as intermediaries moving assets on behalf of clients. They provide decentralised computational infrastructure rather than customer-facing custodial transfer services, placing them outside the scope of CASP transfer regulation.
Sources
- MiCA Art. 3(1)(16)(j) and 3(1)(26) · retrieved 2026-09-24
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