Compare MiCA CASP authorization application costs: traditional legal consulting (€150K–€500K) versus Micahub AI preparation (60–80% savings, 4–8 week timelines).
Traditional law firm and consulting fees for a full CASP application typically range from €150,000 to €500,000. Micahub automates 90% of the document preparation work, reducing total costs by 60-80% to approximately €30,000-€100,000 depending on the complexity of the business model.
Traditional preparation takes 6-12 months before submission to the NCA. Micahub prepares the application package in 4-8 weeks. NCA review timelines (3-12 months depending on jurisdiction) are the same either way - the difference is in preparation time and cost.
No. Micahub automates document assembly, gap analysis, and template preparation. Legal review by qualified counsel before NCA submission remains advisable. Micahub reduces the billable hours required so that legal counsel focuses on judgment calls rather than drafting.
Micahub supports CASP applications across all 30 EEA jurisdictions (27 EU member states plus Norway, Iceland, Liechtenstein). Jurisdiction-specific templates reflect the requirements of BaFin, AMF, DNB, CBI, CSSF, MFSA, CySEC, Finanstilsynet, Bank of Lithuania, and other NCAs.
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The most comprehensive free resource on EU crypto licensing and CASP license applications — then free CASP scoping, then paid dataroom automation when you are ready to file under MiCA.
Application preparation: Micahub dataroom automates document assembly and gap analysis for CASP authorization packs (NCA review typically 6–12 months).
Micahub reduces compliance costs by 60-80% vs traditional law firms (€150K-500K). Free scoping tool at /screening; application preparation €30K-100K, 4-8 weeks.
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