Posts

Showing posts with the label Passporting

Passporting an ECSPR licence: adding member states after authorisation

Image
You have secured your ECSPR licence in one member state. The next step is passporting it into additional EU jurisdictions, a process that is notification-based but still requires careful preparation. This guide explains how to add member states after authorisation without derailing your compliance programme. CRYPTO LICENSE GUIDE · 2026 Passporting an ECSPR licence: Crypto licensing across 15+ jurisdictions CONSULTING24.CO What passporting means under ECSPR and how it differs from MiCA The European Crowdfunding Service Providers Regulation (ECSPR) created a single authorisation regime for crowdfunding platforms operating across the EU. Once a provider is authorised in its home member state, it can offer services in other member states either freely or through a branch, following a notification procedure. This is often called passporting, and it is a core benefit of the regulation. However, it is not automatic. The provider must submit a notification to its home competent authori...

Passporting a Lithuanian CASP licence across the EU: how notification works

Image
Lithuania has become a popular home base for crypto firms seeking an EU foothold, but a Lithuanian CASP licence does not automatically open every market. Passporting a Lithuanian CASP means using the freedom of establishment or freedom to provide services to reach clients across the EEA, and the process runs through your national regulator rather than a separate EU application. CRYPTO LICENSE GUIDE · 2026 Passporting a Lithuanian CASP Crypto licensing across 15+ jurisdictions CONSULTING24.CO What passporting actually means for a Lithuanian CASP Under MiCA, which is fully in force across the EU in 2026, a crypto-asset service provider authorised in one member state can provide services in other member states without obtaining a separate licence in each country. The Lithuanian licence becomes the home-state authorisation, and the Bank of Lithuania acts as the competent authority. Passporting a Lithuanian CASP is therefore a notification exercise, not a new licensing exercise. Tw...

Passporting a MiCA CASP licence across the EU: how it works and what it does not cover

Image
Passporting a MiCA CASP licence allows a crypto asset service provider authorised in one EU member state to offer services across the entire European Economic Area without separate national licences, but the passport does not cover all regulatory obligations. CRYPTO LICENSE GUIDE · 2026 Passporting a MiCA CASP Crypto licensing across 15+ jurisdictions CONSULTING24.CO What is passporting under MiCA? Under the Markets in Crypto Assets Regulation (MiCA), a Crypto Asset Service Provider (CASP) that obtains authorisation from the competent authority in its home member state can passport its licence to other EU/EEA countries. This means the CASP can provide its services in any member state without needing a separate licence from each local regulator. The passporting mechanism is designed to create a single market for crypto services, reducing regulatory fragmentation and compliance costs for firms operating across borders. To exercise passporting rights, the home regulator notifies ...