Mica adaptation in the EU and alternative jurisdictions for cryptographic license

The European Union continues to integrate and standardize the market regulations of cryptographic assets through markets in the regulation of crypto schedules (MICA).

MICA introduces uniform standards and requirements for crypto-active services suppliers (CASP and VASP), including crucial aspects such as capital adaptation, corporate governance, customer assets and strict measures against money laundering (AML).

Adamsmith.LT actively supports numerous companies that adapt to these new European standards, closely monitor regulatory developments and provide customers with comprehensive and efficient solutions. Our support includes developing and implementing the documentation aligned with Mica and the standards established by the European Authority of Securities and Markets (ESMA).

Comment of experts

Mark Mengel, Adamsmith.LT, expert in cryptographic licenses and game regulations, comments:

“Adapting companies to MICA requirements within the EU is a complex task that requires a deep understanding of the regulatory context and careful preparation. Adamsmith.LT provides comprehensive support to companies, effectively helping them to comply with the new compliance standards, minimize risks and strategically take advantage of growth opportunities. In addition, we offer robust solutions for alternative licenses, renting companies to maintain flexibility to maintain flexibility to maintain flexibility to maintain flexibility to maintain flexibility. and the quick response to changes in the market. ” “

Comprehensive cryptographic licenses and SAAS solutions

Beyond the adaptation of Mica, Adamsmith.LT is a recognized leader in obtaining international gambling licenses and in the delivery of avant -garde SAAS solutions for cryptographic platforms. Our approach includes full legal support, innovative technological solutions and operational consulting, ensuring that our clients can successfully operate in alignment with current regulatory standards.

Alternative jurisdictions for encryption licenses

For companies that seek greater flexibility and reduced regulatory pressure, Adamsmith.LT provides comprehensive licenses and business registration in alternative jurisdictions:

• Panama: Favorable environment without specific cryptographic regulations, allowing operations without mandatory licenses.
• Seychelles: Offshore structure with indirect regulation of cryptographic assets, minimizing license obligations.
• Kazakhstan: Clearly defined regulations for digital asset activities in the Astana International Financial Center (AIFC), which require a minimum capital of USD 500,000 and offer tax benefits until 2066.
• San Vicente and the Grenadines (SVG): Encryption licenses under the 2022 virtual asset law, allowing exchange, custody and defi operations through the SVGFSA regulator.
• Canada: MSB Transparent License Regime (Money Services Business) that allows fast and legal market entry.

More information about Mica cryptography and licenses licenses

About Adamsmith.LT

Adamsmith.LT is a legal consulting firm specialized in global cryptography and game business licenses. Our extensive experience, with more than 1,000 licenses obtained successfully in several jurisdictions, allows us to provide comprehensive services that include legal support, innovative solutions of SAAS and strategic consulting for business development.

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