> For the complete documentation index, see [llms.txt](https://www.headlesslaw.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://www.headlesslaw.com/mica/articles/64.md).

# Article 64 — Withdrawal of authorisation of a crypto-asset service provider

*In force · Consolidated version of 9 January 2024 · Checked against EUR-Lex on 19 Oct 2026 ·* [*Official source*](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02023R1114-20240109)

1. [Competent authorities](https://www.headlesslaw.com/definitions/mica/competent-authority) shall withdraw the authorisation of a [crypto-asset service provider](https://www.headlesslaw.com/definitions/mica/crypto-asset-service-provider) if the crypto-asset service provider does any of the following:

   **(a)** has not used its authorisation within 12 months of the date of the authorisation;

   **(b)** has expressly renounced its authorisation;

   **(c)** has not provided [crypto-asset services](https://www.headlesslaw.com/definitions/mica/crypto-asset-service) for nine consecutive months;

   **(d)** has obtained its authorisation by irregular means, such as by making false statements in its application for authorisation;

   **(e)** no longer meets the conditions under which the authorisation was granted and has not taken the remedial action requested by the [competent authority](https://www.headlesslaw.com/definitions/mica/competent-authority) within the specified timeframe;

   **(f)** fails to have in place effective systems, procedures and arrangements to detect and prevent money laundering and terrorist financing in accordance with Directive (EU) 2015/849;

   **(g)** has seriously infringed this Regulation, including the provisions relating to the protection of holders of [crypto-assets](https://www.headlesslaw.com/definitions/mica/crypto-asset) or of [clients](https://www.headlesslaw.com/definitions/mica/client) of [crypto-asset service providers](https://www.headlesslaw.com/definitions/mica/crypto-asset-service-provider), or market integrity.
2. Competent authorities may withdraw authorisation as a [crypto-asset service provider](https://www.headlesslaw.com/definitions/mica/crypto-asset-service-provider) in any of the following situations:

   **(a)** the [crypto-asset service provider](https://www.headlesslaw.com/definitions/mica/crypto-asset-service-provider) has infringed the provisions of national law transposing Directive (EU) 2015/849;

   **(b)** the [crypto-asset service provider](https://www.headlesslaw.com/definitions/mica/crypto-asset-service-provider) has lost its authorisation as a [payment institution](https://www.headlesslaw.com/definitions/mica/payment-institution) or its authorisation as an [electronic money institution](https://www.headlesslaw.com/definitions/mica/electronic-money-institution), and that crypto-asset service provider has failed to remedy the situation within 40 calendar days.
3. Where a [competent authority](https://www.headlesslaw.com/definitions/mica/competent-authority) withdraws an authorisation as a [crypto-asset service provider](https://www.headlesslaw.com/definitions/mica/crypto-asset-service-provider), it shall notify ESMA and the single points of contact of the [host Member States](https://www.headlesslaw.com/definitions/mica/host-member-state) without undue delay. ESMA shall make such information available in the register referred to in [Article 109](/mica/articles/109.md).
4. Competent authorities may limit the withdrawal of authorisation to a particular [crypto-asset service](https://www.headlesslaw.com/definitions/mica/crypto-asset-service).
5. Before withdrawing an authorisation as a [crypto-asset service provider](https://www.headlesslaw.com/definitions/mica/crypto-asset-service-provider), competent authorities shall consult the [competent authority](https://www.headlesslaw.com/definitions/mica/competent-authority) of another Member State where the crypto-asset service provider concerned is:

   **(a)** a subsidiary of a [crypto-asset service provider](https://www.headlesslaw.com/definitions/mica/crypto-asset-service-provider) authorised in that other Member State;

   **(b)** a subsidiary of the parent undertaking of a [crypto-asset service provider](https://www.headlesslaw.com/definitions/mica/crypto-asset-service-provider) authorised in that other Member State;

   **(c)** controlled by the same natural or legal persons who control a crypto-asset service provider authorised in that other Member State.
6. Before withdrawing an authorisation as a crypto-asset service provider, competent authorities may consult the authority competent for supervising compliance of the crypto-asset service provider with the rules on anti-money laundering and counter-terrorist financing.
7. EBA, ESMA and any competent authority of a [host Member State](https://www.headlesslaw.com/definitions/mica/host-member-state) may at any time request that the competent authority of the [home Member State](https://www.headlesslaw.com/definitions/mica/home-member-state) examine whether the crypto-asset service provider still complies with the conditions under which the authorisation was granted, when there are grounds to suspect it may no longer be the case.
8. Crypto-asset service providers shall establish, implement and maintain adequate procedures ensuring the timely and orderly transfer of their [clients](https://www.headlesslaw.com/definitions/mica/client)’ crypto-assets and [funds](https://www.headlesslaw.com/definitions/mica/funds) to another crypto-asset service provider when an authorisation is withdrawn.

#### Related

* [crypto-asset service provider](https://www.headlesslaw.com/definitions/mica/crypto-asset-service-provider) — definition used in this article
* [electronic money institution](https://www.headlesslaw.com/definitions/mica/electronic-money-institution) — definition used in this article
* [crypto-asset service](https://www.headlesslaw.com/definitions/mica/crypto-asset-service) — definition used in this article
* [payment institution](https://www.headlesslaw.com/definitions/mica/payment-institution) — definition used in this article

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[Title V — Authorisation and operating conditions for crypto-asset service providers](/mica/titles/v.md) › Chapter 1 — Authorisation of crypto-asset service providers · [← Article 63](/mica/articles/63.md) · [Article 65 →](/mica/articles/65.md)
