Crypto-Asset Regulation · glossary

Class 1, Class 2 and Class 3

MiCA's three classes of crypto firm, each with a minimum for own funds. Class 1 covers services such as executing orders, transfers and advice, and needs €50,000. Class 2 adds custody or exchange and needs €125,000, and Class 3 adds a trading platform and needs €150,000. Binder §3.1 · Appendix B.1 · Chapter 3 · Chapter 10

Explained in Chapter 3, The Application, of Crypto-Asset Regulation.

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