Crypto License Guide 2026 — Panama, Lithuania, Dubai & More | Consulting24

NFT marketplaces after MiCA: the question is no longer whether tokens fall inside EU financial rules, but when a specific collection starts to look like a regulated asset. For founders, that shift turns marketplace design, listing policy and issuer disclosure into licensing decisions. CRYPTO LICENSE GUIDE · 2026 NFT marketplaces after MiCA: Crypto licensing across 15+ jurisdictions CONSULTING24.CO Why MiCA reaches NFT marketplaces at all MiCA is fully applicable across the EU in 2026, and its scope is defined by the nature of the token and the service provided, not by the label on the website. A marketplace that only hosts transfers of unique, non-fungible collectibles is generally outside the CASP regime. The same platform can move inside it the moment it lists fungible or fractionalised tokens, holds client funds, or operates an order book that matches buyers and sellers as a business. The practical test is functional. If your platform takes custody of private keys or assets...

MiCA is now fully in force, and crypto firms authorised as CASPs must decide which functions to delegate and which to retain. This guide explains the outsourcing boundaries under MiCA and how to structure arrangements that satisfy the regulator. CRYPTO LICENSE GUIDE · 2026 Outsourcing under MiCA: what Crypto licensing across 15+ jurisdictions CONSULTING24.CO The regulatory starting point: MiCA and the EBA outsourcing guidelines MiCA does not contain a single, self-contained outsourcing regime. Instead, Article 73 of the MiCA Regulation requires CASPs to have sound governance and strong internal control mechanisms, and the European Banking Authority's outsourcing guidelines are applied by analogy in many supervisory contexts. National competent authorities across the EU have taken different approaches, but the common thread is that a CASP may outsource operational functions while remaining fully responsible for compliance. The practical consequence is that a CASP can delegate e...

The Markets in Crypto-Assets (MiCA) regulation introduces the first comprehensive EU framework for stablecoin issuance, redefining compliance obligations for issuers and service providers across Europe. CRYPTO LICENSE GUIDE · 2026 Stablecoin issuance under MiCA: Crypto licensing across 15+ jurisdictions CONSULTING24.CO What MiCA means for stablecoin issuers MiCA establishes a harmonised legal framework for stablecoins, categorised as asset-referenced tokens (ARTs) and e-money tokens (EMTs). Issuers must obtain authorisation as a credit institution or an electronic money institution, or comply with specific stablecoin rules. The regulation applies to any entity issuing stablecoins to the EU market, regardless of where the issuer is based, if the stablecoin is offered to EU residents. Key requirements include maintaining a reserve of assets equal to the value of tokens in circulation, with strict custody and investment rules. Issuers must also provide clear redemption rights to ...