Crypto License in Germany

Germany is one of the most crypto-friendly yet highly regulated markets in the EU. With the introduction of the Markets in Crypto-Assets (MiCA) regulation, all crypto service providers operating in Germany must transition from BaFin registration to a CASP license.
This shift brings new requirements - but also offers the opportunity to scale legally across the EU with a single license.

What is a CASP License in Germany?

A Crypto-Asset Service Provider (CASP) license is now required under MiCA for companies providing crypto-related financial services across the EU.
In Germany, it replaces the existing BaFin registration and introduces harmonized rules for crypto custody, trading, and payment activities.

You’ll need a CASP license if your company:

• Stores or manages crypto assets (custody services)
• Runs a trading platform or crypto exchange
• Offers fiat-to-crypto or crypto-to-crypto transfers
• Executes orders on behalf of clients
• Provides crypto payments or investment advice
  
  

MiCA & CASP Deadlines for Germany

December 30, 2024 - MiCA regulations officially take effect.
2025 TBD - Final deadline to submit CASP license applications (exact date subject to confirmation).

Delays can risk penalties or a service ban. Don’t wait until the last minute.

Key CASP Requirements in Germany

To apply for a CASP license, you must:

• Register with the Federal Financial Supervisory Authority (BaFin)
• Establish a local presence in Germany (at least one board member must be an EU resident)
• Hold a minimum capital of €125,000–€350,000
• Adopt strong AML/KYC policies
• Comply with the FATF Travel Rule
• Monitor transactions for suspicious activity

How Scorechain Helps You Stay MiCA-Compliant

At Scorechain, we work with crypto businesses across Europe to simplify their compliance journey. Our platform brings everything you need to stay ahead of MiCA - without adding complexity to your day-to-day operations.

Crypto Transaction Monitoring

Get automated, real-time risk scoring for every transaction. Detect suspicious wallet activity and stay in line with EU AML standards.

Travel Rule Compliance

Scorechain connects directly with Notabene and CryptoSwift, making it easy to handle identity verification and secure data exchange between VASPs.

Blockchain Risk Analytics and KYT

Track wallet behavior, monitor on-chain risks, and generate audit-ready reports in minutes - with clear flags for fraud, darknet exposure, or sanction links.

Sanctions and Blacklist Monitoring

Screen wallets against global sanction lists and block high-risk addresses before transactions are confirmed.

Secure Your CASP License and MiCA Compliance with Scorechain

Scorechain supports over 150 financial institutions and crypto companies across the EU with advanced tools for crypto compliance, risk monitoring, and regulatory reporting.

If you're preparing to apply for a CASP license in Germany - or just want to see how our solution fits into your compliance strategy - we’re here to help.

‍
FAQs About CASP Licensing in Germany

How long does it take to get a CASP license in Germany?
Typically 3–6 months, depending on your business type and internal readiness.

Can foreign companies apply for a CASP license in Germany?
Yes, but you must have a registered local entity and at least one EU-resident director.

What happens if I don’t meet the MiCA deadline?
You may be forced to suspend services within the EU or face penalties from regulators.

‍