Crypto License in Slovakia

Slovakia is aligning its regulatory framework with the EU’s Markets in Crypto-Assets (MiCA) regulation. If you’re operating or planning to operate a crypto exchange, wallet service, or payment platform in Slovakia, this guide is for you.

Since the introduction of MiCA, all crypto companies in Slovakia must transition from a basic VASP registration to a full CASP license. This shift brings new obligations - but also opens the door to EU-wide passporting and greater credibility in the market.

What is a CASP License in Slovakia?

A Crypto-Asset Service Provider (CASP) license is the new EU-wide standard under MiCA. In Slovakia, it's supervised by the National Bank of Slovakia (NBS) and replaces the outdated VASP framework.

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 Slovakia

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 Slovakia

To apply for a CASP license, you must:

• Register with the National Bank of Slovakia (NBS)
• Appoint at least one EU-resident board member
• Hold a minimum capital of €125,000–€150,000
• Adopt strong AML/KYC policies
• Comply with the FATF Travel Rule
• Monitor transactions for suspicious activity

• Generate audit-ready reports
  
  

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 the Slovakia - or just want to see how our solution fits into your compliance strategy - we’re here to help.

🧠 FAQs About CASP Licensing in Slovakia

How long does it take to get a CASP license in Slovakia?

Typically 3–6 months, depending on business complexity and readiness.

Can foreign companies apply for a CASP license in Slovakia?

Yes, but you’ll need to establish a local presence and comply with EU residency rules for board members.

What happens if I don’t get licensed by the MiCA deadline?

You may be required to cease operations in the EU or face regulatory fines.

‍