Bitcoin.com News published a new installment this week in its weekly 'MiCA Decoded' series, clarifying that a MiCA license doesn't cover all crypto services. The article warns founders that expecting a single MiCA license to solve all EU regulatory hurdles is a mistake. Many still assume compliance means full market access when it doesn't.
The MiCA License Gap
A CASP license under MiCA doesn't automatically cover payments, perpetuals, or futures. Firms offering those need separate approvals. The confusion costs time and money. Founders get tripped up by the assumption it's a one-stop solution.
LegalBison's Breakdown
LegalBison’s Co-Founding and Managing Directors Aaron Glauberman, Viktor Juskin, and Sabir Alijev co-authored the piece. They advise crypto firms on regulatory matters. Their firm called out this specific misconception in the series. It's not their first time addressing MiCA misunderstandings this quarter.
Why Founders Get Tripped Up
Most founders pursuing MiCA think it clears their entire EU regulatory path. They're wrong. The license only solves part of the problem depending on services offered. Payment services need different oversight. Derivatives require separate checks. This isn't academic—it delays launches and strains operations.
Next week's final article in the 12-part series will cover cross-border licensing pitfalls. The series wraps up on May 23rd.
