Question 1

How long does a CASP license take in Germany?

Accepted Answer

Germany typical CASP authorization timeline: 6–12 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 Germany?

Accepted Answer

Indicative NCA fees in Germany: €25,000–€100,000+. 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 Germany?

Accepted Answer

The National Competent Authority for MiCA CASP authorization in Germany is BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht). Applications are submitted to BaFin, which reviews and issues the authorization. A Germany CASP license provides EU passporting rights across all 30 EEA member states.