What is a crypto-asset service provider under MiCAR?

A legal person whose business is providing one or more of the ten crypto-asset services listed in Art. 3(1)(16) MiCAR, and which is authorised to do so.

Source: Regulation (EU) 2023/1114 (MiCAR), Art. 3(1)(15) and (16), OJ L 150 of 09.06.2023, p. 64.

(a) custody and administration on behalf of clients; (b) operation of a trading platform; (c) exchange for funds; (d) exchange for other crypto-assets; (e) execution of orders; (f) placing; (g) reception and transmission of orders; (h) advice; (i) portfolio management; (j) transfer services.

Context

The services are in Art. 3, not in Annex I. MiCAR's Annex I holds the crypto-asset white paper disclosure items. The confusion comes from MiFID II, which does list its investment services in an Annex I.

Related facts

Checked against the source named above on 09/09/2026. We publish only statements traceable to a statute, an official journal, a BMF or BZSt publication, or to one of our own disclosed datasets. This page states the legal position and is not legal or tax advice.