--- title: "Annex IV" type: regulation legal_status: in_force source: "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02023R1114-20240109" shortTitle: "Annex IV" instrument_type: level1_regulation authority: Commission binding: true binding_character: binding mica_level2: false legal_basis: Regulation (EU) 2023/1114 instrument: mica celex: 32023R1114 text_version: "Consolidated version of 9 January 2024" source_url: "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02023R1114-20240109" check_status: matched verified: true last_checked: 2026-11-09 --- *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)* #### MINIMUM CAPITAL REQUIREMENTS FOR CRYPTO-ASSET SERVICE PROVIDERS
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
*** **Guidance and Q&A** * [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 ### Related * [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 * [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 * [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 * [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 * [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 * [exchange of crypto-assets for funds](https://www.headlesslaw.com/definitions/mica/exchange-of-crypto-assets-for-funds) — defined term used on this page * [providing advice on crypto-assets](https://www.headlesslaw.com/definitions/mica/providing-advice-on-crypto-assets) — defined term used on this page * [crypto-asset service provider](https://www.headlesslaw.com/definitions/mica/crypto-asset-service-provider) — defined term used on this page