CASP License Czech Republic: Everything You Need to Know

Ensure MiCA Compliance & Strengthen Your Crypto Compliance with Scorechain

The Czech Republic is a rapidly growing hub for crypto businesses in Central Europe, offering a favorable regulatory environment for blockchain and digital asset companies. However, with the introduction of the Markets in Crypto-Assets (MiCA) regulation, all crypto businesses operating in the Czech Republic must transition from their current VASP (Virtual Asset Service Provider) registration to a CASP (Crypto-Asset Service Provider) license to operate legally within the EU.

With compliance deadlines approaching, crypto businesses must act now to secure their CASP license and implement strong AML and risk management practices. At Scorechain, we provide blockchain analytics, transaction monitoring, and AML compliance tools to help CASPs meet MiCA standards effortlessly.

📅 CASP License Timeline in the Czech Republic

To operate legally under MiCA, businesses must obtain a CASP license before the transition period ends:

📌 December 30, 2024 – MiCA regulations officially take effect.
📌 2025 TBD – Final deadline for new CASP license applications.
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🔹 Avoid regulatory penalties—integrate Scorechain’s compliance solutions now!

🔍 What is a CASP License in the Czech Republic?

A Crypto-Asset Service Provider (CASP) license is required for companies providing crypto-related financial services in the Czech Republic and across the EU under MiCA regulations.

The CASP license replaces the current Czech VASP registration and ensures full compliance with MiCA, AML, and counter-terrorism financing (CFT) regulations.

✅ CASP-Regulated Crypto Services Include:

• Crypto Custody & Wallet Services
• Crypto Trading & Exchange Platforms
• Fiat-to-Crypto & Crypto-to-Crypto Transactions
• Execution of Orders on Behalf of Clients
• Crypto Transfer & Payment Services
• Investment Advice & Portfolio Management for Crypto Assets

👉 Stay ahead of MiCA compliance—integrate Scorechain’s AML and risk monitoring solutions today!

🛡️ MiCA & CASP License Compliance Requirements in the Czech Republic

To obtain a CASP license in the Czech Republic, businesses must meet strict regulatory requirements, including:

✔ Registration with the Czech Trade Licensing Office & Financial Analytical Office (FAU)
✔ Establish a local presence in the Czech Republic (at least one board member must be an EU resident)
✔ Meet minimum capital requirements (€125,000–€350,000 depending on services offered)
✔ Implement robust AML (Anti-Money Laundering) & KYC (Know Your Customer) policies
✔ Ensure compliance with FATF Travel Rule & real-time crypto transaction monitoring

🔎 How Scorechain Helps:
With Scorechain’s advanced blockchain analytics, your business can monitor transactions, detect illicit activity, and generate real-time compliance reports, ensuring full MiCA and AML compliance.

🚀 How Scorechain Supports CASP Compliance in the Czech Republic

At Scorechain, we simplify MiCA compliance with our industry-leading crypto risk monitoring tools:

🔗 1. Automated Crypto Transaction Tracking

• Real-time risk scoring for crypto transactions
• Detection of suspicious wallet activities
• Compliance with EU AML & CFT regulations

🛡️ 2. FATF Travel Rule Compliance

• Automate sender & receiver identity verification
• Ensure secure VASP-to-VASP data exchange
• Reduce compliance risks with instant alerts

📊 3. Blockchain Risk Analytics & KYT (Know Your Transaction)

• Monitor on-chain activity for regulatory reporting
• Flag high-risk transactions linked to darknet markets, fraud, and sanctions
• Generate audit-ready compliance reports in minutes

⚖️ 4. Sanctions & Blacklist Monitoring

• Block transactions from sanctioned wallets & high-risk addresses
• Detect illicit financial activity before it escalates
• Ensure full transparency & regulatory compliance

🌍 Why Get Your CASP License in the Czech Republic?

📍 Crypto-Friendly Business Environment – The Czech Republic is home to a strong blockchain and fintech ecosystem
📍 EU Passporting Benefits – A CASP license allows businesses to operate legally across all 27 EU countries
📍 Favorable Tax & Regulatory Environment – The Czech Republic offers a cost-effective setup for crypto companies

🚀 Ready to become a fully compliant CASP? Let Scorechain handle your compliance challenges!

📢 Secure Your CASP License & MiCA Compliance with Scorechain

With 150+ financial institutions & crypto businesses trusting Scorechain, our solutions provide everything you need for a MiCA-compliant CASP license in the Czech Republic.

🔗 Book a Demo

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