July 31 2025 a new crypto regime introduced in the Czech Republic MiCA understanding

Nikita Veremeev

04.08.2025 | 6 min read

Updated: 04.08.2025

On July 31, 2025, a date that will go down in the history of European fintech: the new MiCA regime (Markets in Crypto-Assets Regulation) officially comes into force in the Czech Republic, completely changing the rules for crypto businesses, financial startups, and international companies. According to the European Commission, in 2024 the crypto-asset market in the EU exceeded €1.2 trillion, with almost 60% of entrepreneurs facing legal uncertainty or license denial risk due to non-compliance with new regulatory standards.

What does this mean for business? For the first time in history, Europe is gaining a unified, transparent, and strictly controlled regime for crypto services, with Czech Republic becoming one of the key platforms for scaling and entering EU markets. However, with opportunities come new challenges: tougher licensing requirements, comprehensive AML/KYC control, strict IT infrastructure standards, and serious penalties for violations.

Is your business ready for the transition to MiCA regulation? What strategic decisions will help not only survive but also take a leading position in the new reality? In this article, I, Nikita Veremeev, share practical experiences from COREDO, highlight key nuances of the Czech Digital Finance Act, delve into the process of obtaining a CASP license, and offer step-by-step recommendations for entrepreneurs not ready to risk their future. Read to the end, and you’ll receive not only an analytical breakdown but also tools for real success in the era of MiCA Czech Republic 2025.

MiCA and Digital Finance Act: Changes in Czechia 2025

Illustration for the section "MiCA and Digital Finance Act: Changes in Czechia 2025" in the article "31.07.2025, a new crypto regime - MiCA - introduced in Czechia - exploring"
MiCA and the Digital Finance Act in 2025 inaugurate a new phase of regulation in the digital finance and crypto-assets market for Czechia. These changes unify the requirements for all market participants and introduce unified rules, which both existing companies and new market players need to prepare for.

MiCA and Czech Legislation: Key Requirements

The MiCA regulation is not just another directive but a full-fledged law integrated into Czech law through the Digital Finance Act (Act No. 31/2025 Coll.). The main aim of the reform is to create unified standards for crypto-business, ensure transparency, protect investors, and integrate national regulation into the overall EU system.

The Czech National Bank (ČNB) has received expanded powers to oversee Crypto-Asset Service Providers (CASP), as well as the activities of crypto exchanges, investment platforms, and token issuers. Now the criteria for market access, financial monitoring, and capital requirements have become unified for all EU countries, paving the way for a pan-European license and passporting – the right to provide crypto services across Europe without the need for repeated licensing in each state.

COREDO’s practice confirms: integrating MiCA into Czech legislation requires not only legal expertise but also a deep understanding of the local market specifics. For example, when registering a company in Czechia to obtain a CASP license, it’s important to consider both MiCA requirements and national nuances in financial monitoring and internal control.

Crypto-Assets and Services under MiCA

MiCA covers a wide range of crypto-assets and services, including:

asset-referenced tokens (ARTs), tokens backed by a basket of assets (for example, stablecoins linked to multiple currencies or commodities);
e-money tokens (EMTs), tokens equivalent to electronic money (for example, stablecoins pegged to a single currency);
utility tokens, tokens providing access to digital products or services;
services for storage, exchange, portfolio management, placement, and trading of crypto-assets (CASP/VASP).

For token issuers and crypto exchange operators, MiCA introduces new requirements for information disclosure, reserve requirements, and internal control procedures. COREDO developed a solution for one client, an international investment platform, which not only enabled them to navigate licensing in Czechia but also optimize the tokenization of assets considering new standards.

What MiCA Does Not Regulate: List of Exceptions

MiCA does not apply to:

security tokens subject to MiFID II;
NFTs that are not mass or not used as a means of payment;
reverse solicitation – where the client initiates contact with the provider independently;
internal tokens used exclusively within closed ecosystems.

These exceptions allow for flexible business models but require thorough legal expertise to minimize regulatory risks. COREDO’s experience shows that proper qualification of tokens and services during business model design is key to successful licensing and reducing operational costs.

CASP License in Czechia: New Requirements 2025

Illustration for the section "CASP License in Czechia: New Requirements 2025" in the article "31.07.2025, a new crypto regime - MiCA - introduced in Czechia - exploring"
CASP License in Czechia: New Requirements 2025 responds to the tightening of European regulatory standards for the cryptocurrency market and the implementation of MiCA. In the near future, obtaining or renewing a CASP license will only be possible by meeting updated requirements regarding the company’s structure, making the authorization process more stringent and formalized.

How to Obtain a CASP License under MiCA

obtaining a CASP license in Czechia under MiCA is a structured process that the COREDO team has implemented for dozens of clients from the EU, Asia, and CIS. Main stages include:

registration of a legal entity in Czechia, considering requirements for corporate structure and transparency of beneficiaries.
Preparation of the documentation package: business plan, internal policies, AML/KYC procedures, IT infrastructure description, confirmation of capital sources.
Contribution of the minimum statutory capital (amount depends on the license class and spectrum of services provided).
Application to the ČNB and passing a preliminary audit for MiCA regulation compliance.
Obtaining the CASP license and activation of passporting for access to EU markets.

COREDO’s practice has shown that meticulous preparation for each stage can reduce licensing times to 3–6 months and minimize the risk of denial.

Requirements for CASP IT Infrastructure

MiCA imposes special requirements on CASP IT infrastructure: the system must ensure cybersecurity, incident resilience, regular data backup, and fast recovery of operations. Internal control systems should include:

automated transaction monitoring;
procedures for identifying suspicious operations;
regular reporting and audit.

COREDO’s solution for one fintech startup included implementing a modular IT platform integrating AML/KYC and internal control automation tools, allowing not only compliance with MiCA requirements but also improving business operational efficiency.

Costs and Types of CASP Licenses

The cost of a CASP license in Czechia depends on the chosen class (e.g., asset custody, exchange, portfolio management). On average, minimum capital starts at €125,000 for basic operations and reaches €350,000–€750,000 for complex services (e.g., work with EMT/ART).

CASP License Class	Minimum Capital	Main Services	Acquisition Time
Basic	€125,000	Exchange, custody	3–4 mo.
Advanced	€350,000	Portfolio management, trading	4–6 mo.
Full	€750,000	EMT/ART issuance, investment services	6–8 mo.

In addition to capital, reserve requirements, liability insurance, and regular reporting to ČNB are mandatory.

MiCA Transitional Period for CASP in Czechia

Illustration for the section "MiCA Transitional Period for CASP in Czechia" in the article "31.07.2025, a new crypto regime - MiCA - introduced in Czechia - exploring"
The MiCA transitional period for CASP in Czechia introduces new rules and strict deadlines for all crypto businesses operating in the country. Understanding these requirements in this regulation and how to properly prepare for the transition to a new CASP license is crucial to ensuring seamless operations.

Transition to MiCA: How to Prepare Your Business

The MiCA transitional period: is a unique window of opportunity for existing CASPs and new players. Until October 31, 2025, companies already providing crypto services in Czechia can use grandfathering (transition provisions) to adapt business models without the risk of operational disruption.

COREDO’s experience shows: effective preparation includes auditing current processes, developing a compliance strategy, updating internal policies, and training personnel in new MiCA regulations.

What is Grandfathering and How to Apply It?

To minimize operational risks and costs during the transition period, I recommend:

Conducting a gap analysis of current procedures’ compliance with MiCA standards;
Implementing automated monitoring and reporting tools;
Using transition provisions for phased migration of the business model;
Pre-agreeing with ČNB on the plan for adapting IT infrastructure and internal policies.

In one of COREDO’s cases for an international crypto exchange, grandfathering preserved the client base and ensured a seamless transition to new standards without losing the license.

Transition for Startups and Small Businesses: Key Points

MiCA for startups and small enterprises opens up new opportunities but demands flexibility and quick adaptation. For fintech startups, the COREDO team recommends:

Using modular solutions for AML/KYC and internal control;
Engaging external experts for speedy compliance procedure implementation;
Building scalable IT infrastructure considering future passporting.

COREDO’s comprehensive support allows startups not only to undergo licensing but also to quickly scale the business under new MiCA regulation requirements.

Risks and Sanctions MiCA in Czechia

Illustration for the section "Risks and Sanctions MiCA in Czechia" in the article "31.07.2025, a new crypto regime - MiCA - introduced in Czechia - exploring"
Risks and Sanctions MiCA in Czechia become a key issue for all participants in the crypto market. Non-compliance with these regulatory requirements can lead to significant fines, activity restrictions, and inclusion in high-risk entity registries. Below we will examine specific risks for crypto businesses in the context of MiCA.

Non-Compliance Risks of MiCA for Crypto Business

Non-compliance with MiCA entails severe consequences: fines of up to 5% of annual turnover, license revocation, and EU market access restrictions. Administrative liability extends not only to the company but also to management, who bear personal responsibility for internal control and information disclosure.

COREDO’s practice confirms: key risks include insufficient preparation for new standards, errors in AML/KYC processes, and untimely reporting to ČNB.

Business Executive Duties 2025

With MiCA’s introduction, executives and owners of CASPs must:

Ensure transparency of the corporate structure;
Implement regular audits and risk information disclosure;
Control the compliance of crypto services advertising with new standards;
Timely update internal policies and procedures.

The COREDO team regularly conducts training and audits for clients, helping minimize risks and avoid sanctions.

Investor and Consumer Rights

MiCA and the Czech Digital Finance Act introduce strict requirements for investor rights protection: mandatory information disclosure, reserve requirements, compensation funds for consumer protection. For COREDO clients, this means not only a reduction in regulatory risks but also increased trust from partners and investors.

MiCA and AML for Crypto Business

Illustration for the section "MiCA and AML for Crypto Business" in the article "31.07.2025, a new crypto regime - MiCA - introduced in Czechia - exploring"
The MiCA law and AML requirements become key guidelines for crypto businesses in the European market. Modern regulations not only set new rules of the game but also significantly influence AML/KYC practices, especially in jurisdictions like Czechia.

Impact of MiCA on AML/KYC in Czechia

MiCA regulation tightens AML/KYC requirements: all CASPs are obliged to implement automated procedures for client identification, transaction monitoring, and financial monitoring. Czech anti-money laundering legislation is integrated with European standards, requiring businesses to regularly update internal policies and train staff.

COREDO’s experience showed: implementing comprehensive AML/KYC solutions not only meets MiCA requirements but also enhances risk management efficiency.

Implementing AML Policies: Practical Advice

For successful adaptation to new standards, I recommend:

Using specialized AML systems with CASP IT infrastructure integration capabilities;
Regularly updating internal control procedures;
Conducting independent audits of AML/KYC processes.

COREDO’s solution for one client included implementing a unified platform for monitoring all operations, reducing operational risks, and enhancing financial transparency.

AML for Cross-Border and DeFi Operations

MiCA for the first time introduces AML/KYC requirements for cross-border services and DeFi operations. Passporting allows CASPs to provide services across the EU but requires compliance with each jurisdiction’s standards. For DeFi operations, it’s crucial to ensure the transparency of smart contracts and participant identification.

The COREDO team has developed a risk assessment methodology for cross-border activities, allowing clients to effectively scale their businesses without breaching MiCA regulation requirements.

Thus, skillful MiCA implementation provides companies with significant advantages while simultaneously setting new governance and oversight requirements, which is especially important for assessing compliance prospects and risks.

Opportunities and Risks of MiCA for Business

Opportunities and risks of MiCA for business become key factors for all companies wishing to work with crypto-assets in the EU. The new regulation opens the market but simultaneously sets strict licensing and operational requirements, necessitating careful preparation for passporting and licensing.

Passporting and Licensing for Entering the EU Market

MiCA opens up strategic scaling opportunities: obtaining a pan-European CASP license and using passporting enables the provision of crypto services in all EU countries without the need for repeated licensing. For international companies, this means reduced costs, accelerated market entry, and access to new investment opportunities.

The solution implemented by the COREDO team for one client allowed them to enter the markets of five EU countries within six months, leveraging the advantages of passporting and a single license.

MiCA and Tokenization: What Changes for Platforms

MiCA regulation stimulates the development of investment platforms and asset tokenization, setting transparent rules for utility tokens, ARTs, and EMTs. For businesses, this offers new opportunities for raising capital, entering international markets, and implementing innovative business models.

COREDO’s practice shows: proper token structuring and compliance with MiCA standards not only secure a license but also enhance the project’s attractiveness for investors.

Opportunities for Fintech Startups and Businesses

MiCA for startups is a chance to quickly scale the business, using unified standards and passporting. For international companies, new markets open up, as do opportunities for business model migration and integration with the European financial ecosystem.

The COREDO team accompanies clients at all stages: from choosing a jurisdiction and company registration to implementing IT solutions and preparing for MiCA licensing.

Business: Conclusions and Recommendations

Practical Steps for Preparing for MiCA	Errors to Avoid	ROI Metrics for MiCA Compliance Implementation
Conduct an audit of the business model and processes	Ignoring the transition period	Reduction in time to market
Develop a compliance strategy	Underestimation of IT requirements	Increase in market reach
Implement automated AML/KYC	Lack of internal control	Reduction in regulatory risks
Prepare a document package for ČNB	Errors in information disclosure	Increased investor trust
Use grandfathering for adaptation	Untimely policy updates	Savings in licensing

For legal support and consultation on implementing MiCA regulation, contact COREDO experts – we are ready to offer solutions for any task.

Before moving to the FAQ section, we have gathered key points for gradual preparation and successful implementation of MiCA compliance in your business.

Entrepreneur Questions, FAQ

**What strategic advantages does the CASP license under MiCA provide?**: Unified pan-European license, possibility of passporting, access to markets of all EU countries, reduced regulatory barriers.

**What sanctions are provided for MiCA violations?**: Fines up to 5% of annual turnover, license revocation, market access blockage, administrative liability of executives.

**How does MiCA affect market entry timelines and costs?**

Licensing timelines, 3–8 months, cost depends on CASP class and service volume; unified standards allow for faster business model adaptation.

**What is grandfathering for CASP in Czechia?**: Transition provisions allowing existing companies to adapt to new MiCA standards without the risk of losing their licenses.

**What requirements does MiCA impose on CASP IT infrastructure?**

Cybersecurity, incident resilience, monitoring automation, regular data backup, integration with AML/KYC systems.

Consequences of MiCA for the Czech Market

The implementation of MiCA regulation and the Czech Digital Finance Act is not just a new chapter in crypto-asset regulation but a fundamental transformation of the investment climate and business environment. For companies ready to invest in compliance, IT infrastructure, and internal control procedure development, unique opportunities for scaling, capital attraction, and integration with European markets are opening up.

COREDO’s experience shows: strategic planning, timely business model adaptation, and professional support not only minimize regulatory risks but also allow businesses to become leaders in the new, dynamically developing crypto service market in Europe.