Crypto Licence Renewal in Europe: Keeping a CASP (2026)

Getting a crypto licence is the milestone everyone talks about. Keeping it is the part that quietly ends businesses. Under MiCA, a CASP authorisation isn’t a certificate you frame and forget — it’s a standing set of obligations under continuous supervision, and in our experience most operators budget for the application and nothing for what comes after. The result is avoidable: capital that drifts below the minimum, reports filed late, a DORA gap flagged at review. Here’s what it actually takes to keep an EU crypto licence live in 2026.

”Renewal” under MiCA means continuous compliance

The word “renewal” is slightly misleading for an EU licence. Unlike an offshore VASP permit that you re-pay annually, a MiCA CASP authorisation continues indefinitely — as long as you keep satisfying the conditions on which it was granted. There’s no expiry date to renew against; instead there’s a standing supervisory relationship. Your “renewal” is really the ongoing discipline of staying compliant, reporting on schedule, and keeping the regulator informed. Fail that, and the authorisation can be conditioned, suspended or withdrawn — which is functionally worse than an expiry, because it’s on the record.

What you must maintain, continuously

Capital is the one that catches operators out most often: it’s not a one-time deposit at licensing but a floor you must stay above every day, in qualifying own funds. The three CASP capital classes set the level, and dipping below — after a bad quarter, a large withdrawal, or an FX move — is a reportable breach.

Why licences get withdrawn — and how to avoid it

The reasons regulators withdraw or condition a crypto authorisation are consistent and, almost always, preventable:

• Capital shortfalls — own funds slipping below the minimum without a remediation plan.
• AML and reporting failures — a dormant MLRO function, late filings, weak monitoring.
• Unnotified changes — a new shareholder, service or business model the regulator learns about after the fact.
• DORA and resilience gaps — inadequate ICT risk management, untested incident response, or unmanaged third-party providers.

Each of these is a governance problem, not a legal one — which is why the fix is an ongoing-compliance function that owns capital monitoring, the reporting calendar, and regulator correspondence, rather than a one-off application team that moves on after issuance.

Don’t let an old national registration lapse into nothing

There’s a related trap specific to 2026: operators who hold an old national VASP registration and assume it will keep working. Inside the EU it won’t — the national regimes are being replaced by MiCA, and each member state’s transition window is closing. If you don’t convert to a CASP authorisation before your window ends, you lose the right to operate entirely. Our MiCA explainer and VASP vs CASP guide cover the conversion; the point here is simply: don’t wait for it to expire.

We keep licences live, not just win them

We provide ongoing compliance and renewal support for CASP authorisations obtained anywhere — Lithuania, Estonia, Malta, Bulgaria and across the EU. That means maintaining capital and reporting, running the MLRO/AML function, keeping DORA and policies current, and handling change-of-control filings and regulator correspondence, so your authorisation stays in good standing long after launch. If you hold a licence that needs a steadier hand — or an old registration that needs converting — book a free consultation and we’ll take it on end to end.

This article is for general informational purposes only and is not legal, tax or financial advice. Consult a qualified professional before acting.