Question 1

How long does a CASP license take in Denmark?

Accepted Answer

Denmark typical CASP authorization timeline: 6–9 months typical processing time. This covers the NCA review period once the application is declared complete. Preparation time is separate and can be reduced to 4–8 weeks using Micahub.

Question 2

How much does a CASP license cost in Denmark?

Accepted Answer

Indicative NCA fees in Denmark: €15,000–€60,000. Total cost includes legal and document preparation, which can be reduced by 60–80% using Micahub's automated application platform. Traditional consulting typically costs €150,000–€500,000.

Question 3

Which regulator oversees CASP licenses in Denmark?

Accepted Answer

The National Competent Authority for MiCA CASP authorization in Denmark is Finanstilsynet (Finanstilsynet (Danish Financial Supervisory Authority)). Applications are submitted to Finanstilsynet, which reviews and issues the authorization. A Denmark CASP license provides EU passporting rights across all 30 EEA member states.