{"release":{"id":"2d86bd12ba77a288053b34ea2517324b92d03c8039b7f5d156fa4002421384a1","published":"2026-11-10T16:06:46Z","pinned":false},"limits":{"coverage":{"history":"full","held_since":"2023-06-09","gaps":[],"covered":["MiCA L1"],"not_covered":["national guidance","court decisions"]},"freshness":{"release_id":"2d86bd12ba77a288053b34ea2517324b92d03c8039b7f5d156fa4002421384a1","release_published":"2026-11-10T16:06:46Z","checked_at":"2026-11-09","checked_against":"EUR-Lex"},"truncation":null,"failures":[],"incomplete":[]},"page":{"path":"/mica/annexes/annex-iv","url":"https://www.headlesslaw.com/mica/annexes/annex-iv","title":"Annex IV","family":"l1_hand","work_id":"mica","status":"in_force","force_status":"in_force","date_state":"current","requested_date":null,"as_of":"2026-11-11","applies_from":null,"application":null,"version_label":"Consolidated version of 9 January 2024","check":{"against":"EUR-Lex","on":"2026-11-09"},"check_result":"matched","official_url":"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02023R1114-20240109","valid_from":"2024-01-09","valid_until":null,"revision":1,"content_id":"d58c08c47f14a86c","change_date":null,"nearest_versions":["2024-01-09"],"first_text_date":"2023-05-31","correction_applies":false,"versions":["2024-01-09"],"version_url":"https://www.headlesslaw.com/mica/annexes/annex-iv/versions/2024-01-09","revision_url":"https://www.headlesslaw.com/mica/annexes/annex-iv/versions/2024-01-09/rev/d58c08c47f14a86c","versions_url":"https://www.headlesslaw.com/mica/annexes/annex-iv/versions","relations_url":"https://www.headlesslaw.com/mica/annexes/annex-iv/relations","source_line":null,"attribution":null},"provenance":{"official_url":"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02023R1114-20240109","check":{"result":"matched","checked_at":"2026-11-09","against":"EUR-Lex"},"repo_path":null,"body_sha256":"beda579dfd9eea2d7808d5f47774badfd631a44cb57c600849de8d6085fcc270","markdown_sha256":"007f862fada47684e11f83769923b2d52718bb3ac97970db17641e628fd28d05"},"units":[{"locator":"mica/annex/iv","kind":"annex","status":"in_force","label":null,"heading":"MINIMUM CAPITAL REQUIREMENTS FOR CRYPTO-ASSET SERVICE PROVIDERS","text":"","marks":[],"revision":1,"text_hash":"e3b0c44298fc1c149afbf4c8996fb92427ae41e4649b934ca495991b7852b855","reason":null},{"locator":"mica/annex/iv/heading/1","kind":"heading","status":"in_force","label":null,"heading":null,"text":"MINIMUM CAPITAL REQUIREMENTS FOR CRYPTO-ASSET SERVICE PROVIDERS","marks":[],"revision":1,"text_hash":"aa86ea0a40a85bd0bd69a26c8ac0ca1aead37dcf95d82fc72a35d5efc3b265cb","reason":null},{"locator":"mica/annex/iv/table/2","kind":"table","status":"in_force","label":null,"heading":null,"text":"","marks":[],"revision":1,"text_hash":"e3b0c44298fc1c149afbf4c8996fb92427ae41e4649b934ca495991b7852b855","reason":null}],"markdown":"*In force · Consolidated version of 9 January 2024 · Verified 9 Nov 2026 · [Official source](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02023R1114-20240109)*\n\n#### MINIMUM CAPITAL REQUIREMENTS FOR CRYPTO-ASSET SERVICE PROVIDERS\n\n
Crypto-asset service providersType of crypto-asset servicesMinimum capital requirements under Article 67(1), point (a)
Class 1

Crypto-asset service provider authorised for the following crypto-asset services:
— execution of orders on behalf of clients;

— placing of crypto-assets;

— providing transfer services for crypto-assets on behalf of clients;

— reception and transmission of orders for crypto-assets on behalf of clients;

— providing advice on crypto-assets; and/or

— providing portfolio management on crypto-assets.

EUR 50 000
Class 2

Crypto-asset service provider authorised for any crypto-asset services under class 1 and:
— providing custody and administration of crypto-assets on behalf of clients;

— exchange of crypto-assets for funds; and/or

— exchange of crypto-assets for other crypto-assets.

EUR 125 000
Class 3Crypto-asset service provider authorised for any crypto-asset services under class 2 and:
— operation of a trading platform for crypto-assets.		EUR 150 000
\n\n***\n\n**Guidance and Q&A**\n\n* [ESMA75-113276571-1721 — Response to the Commission's MiCA review consultation](../level-3/reports-and-advice/esma75-113276571-1721-response-to-ec-consultation-mica-review.md) — Report\n\n### Related\n\n* [reception and transmission of orders for crypto-assets on behalf of clients](https://www.headlesslaw.com/definitions/mica/reception-and-transmission-of-orders-for-crypto-assets-on-behalf-of-clients) — defined term used on this page\n* [providing custody and administration of crypto-assets on behalf of clients](https://www.headlesslaw.com/definitions/mica/providing-custody-and-administration-of-crypto-assets-on-behalf-of-clients) — defined term used on this page\n* [providing transfer services for crypto-assets on behalf of clients](https://www.headlesslaw.com/definitions/mica/providing-transfer-services-for-crypto-assets-on-behalf-of-clients) — defined term used on this page\n* [exchange of crypto-assets for other crypto-assets](https://www.headlesslaw.com/definitions/mica/exchange-of-crypto-assets-for-other-crypto-assets) — defined term used on this page\n* [operation of a trading platform for crypto-assets](https://www.headlesslaw.com/definitions/mica/operation-of-a-trading-platform-for-crypto-assets) — defined term used on this page\n* [exchange of crypto-assets for funds](https://www.headlesslaw.com/definitions/mica/exchange-of-crypto-assets-for-funds) — defined term used on this page\n* [providing advice on crypto-assets](https://www.headlesslaw.com/definitions/mica/providing-advice-on-crypto-assets) — defined term used on this page\n* [crypto-asset service provider](https://www.headlesslaw.com/definitions/mica/crypto-asset-service-provider) — defined term used on this page\n"}