CASP License Slovakia

With the introduction ofthe Markets in Crypto-Assets (MiCA) regulation, Slovakia has aligned itscrypto licensing frameworkwith the European Union’snew CASP (Crypto-Asset Service Provider) requirements.Allcrypto exchanges, wallet providers, trading platforms, and payment servicesmust transition from the currentSlovak VASP (Virtual Asset Service Provider) registrationto aCASP licenseto continue operating legally in Slovakia and across the EU.AtMistTrack, we provideblockchain analytics, risk monitoring, and AML compliance toolsto helpCASPs meet MiCA requirements effortlessly.To operate legally under MiCA, businesses mustobtain a CASP license before the transition period ends:

- 📌December 30, 2024– MiCA regulations officially take effect.📌2025 TBD– Final deadline to submit CASP license applications (exact date subject to confirmation).ACrypto-Asset Service Provider (CASP) licenseis aregulatory approvalrequired for businesses offeringcrypto-related financial servicesin Slovakia and across the EU.It ensures compliance withMiCA regulations, protecting investors and ensuring financial security.Toobtain a CASP license in Slovakia, businesses must meetspecific regulatory requirements, including: ✔Registration with the National Bank of Slovakia (NBS) ✔Establish a local presence(at least one board member must be an EU resident) ✔Meet minimum capital requirements(€125,000–€150,000 depending on services offered) ✔Implement strong AML (Anti-Money Laundering) & KYC (Know Your Customer) policies ✔Ensure compliance with FATF Travel Rule & real-time crypto transaction monitoring How MistTrack Helps:WithMistTrack’s advanced blockchain analytics, your business canmonitor transactions, detect illicit activity, and generate real-time compliance reports, ensuring full MiCA and AML compliance.AtMistTrack, we simplify MiCA compliance with ourindustry-leading crypto risk monitoring tools: 📍EU Passporting Benefits– Operate legally across all27 EU countries📍Stable Regulatory Environment– Slovakia offersstrong investor protection under MiCA📍Strategic Location– Positioned forseamless crypto business expansionin the EU Ready to become a fully compliant CASP?Let MistTrack handle your compliance challenges!With150+ financial institutions & crypto businessestrustingMistTrack, our solutions provideeverything you needfor aMiCA-compliant CASP licensein Slovakia.