Question 1

How long does a CASP license take in Slovakia?

Accepted Answer

Slovakia typical CASP authorization timeline: 4–8 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 Slovakia?

Accepted Answer

Indicative NCA fees in Slovakia: €5,000–€25,000. 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 Slovakia?

Accepted Answer

The National Competent Authority for MiCA CASP authorization in Slovakia is NBS (Národná banka Slovenska (National Bank of Slovakia)). Applications are submitted to NBS, which reviews and issues the authorization. A Slovakia CASP license provides EU passporting rights across all 30 EEA member states.