COREDO – EU Legal & Compliance Services Expert legal consulting, financial licensing (EMI, PSP, CASP under MiCA), and AML/CFT compliance across the European Union. Headquartered in Prague, we provide seamless regulatory solutions in Germany, Poland, Lithuania, and all 27 EU member states.
Gregory Lutsenko
02.08.2023 | 6 min read
Updated: 07.11.2026
The cryptocurrency industry is steadily growing and developing in the Czech Republic, with an increasing number of companies providing virtual asset-related services entering the market annually. However, as the industry expands, the legal regulation of such companies becomes more complex and challenging, and cryptocurrency companies are face new tasks and challenges, particularly legal.
Compliance with various legal requirements of the Czech and European Union legal systems is among the most significant challenges for cryptocurrency companies. Such requirements include, among others, company registration in the commercial register, obtaining appropriate authorizations for providing virtual asset-related services, and ensuring compliance with anti-money laundering regulations.
Given the diversity and multitude of legal issues, cryptocurrency companies face while operating, the services of our firm, specialising in legal support and services for such companies, can be of invaluable assistance.
We offer a wide range of services, including cryptocurrency companies registration with the Czech Commercial Register, assistance with anti-money laundering requirements and obtaining the necessary authorisations to operate legally in the country, and drafting terms and conditions, as well as other rules and policies for the use of virtual asset-related services. Additionally, our services include analysing legislation and preparing legal opinions based on it, as well as drafting corporate and other legal documentation of the company.
Company registration
One of the initial steps in establishing a cryptocurrency company in the Czech Republic is registering it with the Commercial Register. The process of starting a company can be rather time-consuming, and it is crucial to ensure that all the necessary documents are correctly filled out and submitted for registration. We can guide you through this process and ensure that all documents are completed and submitted accurately.
Obtaining permits and authorisations
The next step after registering a company is obtaining the relevant authorisations to provide virtual asset-related services. The legal regulation of this activity in the Czech Republic is quite complex and comprehensive. Ensuring compliance with anti-money laundering requirements and obtaining the necessary permits and authorisations to operate legally are mandatory. We will advise you on the applicable requirements and assist in obtaining the necessary authorisations. Since the EU Markets in Crypto-Assets Regulation (MiCA) became directly applicable to crypto-asset service providers on 30 December 2024, a simple trade licence (volná živnost) is no longer sufficient: providers need a CASP authorisation, implemented in the Czech Republic by Act No. 31/2025 Sb. on digital finance (effective from 15 February 2025), with the Czech National Bank (ČNB) acting as the competent authority.
Drafting Terms & Conditions
Another crucial aspect for cryptocurrency companies operating in the Czech Republic is having appropriate terms and conditions for the use of the company's services, which must be published on the company's website. These terms of use, along with other company’s rules and policies, such as privacy and cookie policies, are necessary not only to protect the rights and legitimate interests of the company, but also to ensure that users clearly understand the terms governing the use of the cryptocurrency company's services. In turn, this includes the need to respect consumer’s rights, as well as adhering the requirements regarding the processing of their personal data, which is highly regulated within the European Union.
We have considerable experience in dealing with such documents and can draft them for you in the shortest possible time, allowing you to start your activities promptly.
Our meticulous approach to every task, particularly to detail understanding of your business model, allows us to accurately reflect it in the documents we draft, ensuring maximum protection of your company's interests.
Legislative analysis and legal opinions
The field of virtual asset-related services is not only well-regulated, but also constantly evolving. As a result, cryptocurrency companies often encounter various legal issues, that are crucial for their successful operation and development. With our extensive experience and highly professional staff, we can conduct a comprehensive analysis of the Czech legislation issues, relevant to your interests, and prepare the appropriate legal opinions to ensure that the company's activities comply with the current regulatory requirements.
What has changed since
MiCA has applied directly to crypto-asset service providers across the EU since 30 December 2024, and in the Czech Republic it is implemented by Act No. 31/2025 Sb. on digital finance (effective 15 February 2025), with the ČNB as the competent authority. The transitional regime for firms already operating under the old trade-licence rules ended on 1 July 2026 (applications were due by 31 July 2025); the ČNB granted its first six MiCA authorisations on 11 February 2026 and, by 1 July 2026, had licensed 11 CASPs out of 251 applications reviewed, of which 204 firms had been operating under the transitional regime, with a further five new applications filed after that date. Operating as a crypto-asset service provider without a CASP authorisation is no longer permitted; the former volná živnost trade registration is not a substitute.
How COREDO can help: COREDO assists with obtaining a crypto licence in the Czech Republic and with company formation in the Czech Republic under the current MiCA-based regime.
In conclusion, the Czech Republic offers great opportunities for cryptocurrency companies, however, providing services in the field of virtual assets involves certain legal complexities that can be resolved with specialised assistance. Our team of highly qualified professionals specialises in legal support for cryptocurrency companies and has extensive experience not only in the Czech Republic, but also globally in other EU countries and CIS countries. We will be happy to assist you with these issues.