Common reasons EMI applications get delayed (and how to avoid rework)
Most EMI delays aren’t caused by “slow regulators.” They’re caused by one thing: the application is not assessable as submitted. PSD2 is explicit that the authority communicates its decision within 3 months of receiving an application — or, if incomplete, within 3 months of receiving all required information. In other words, the clock is effectively […]
Are we a broker?
How prop firms avoid regulated activities — and where they accidentally cross the line Prop trading firms often feel like brokers from the user’s perspective: accounts, platforms, “funding,” payouts, rules, risk limits. But regulators don’t look at UI. They look at what you actually do and who the client is. In the EU, the perimeter […]
EMI passporting across the EU
How to expand from Czechia into other Member States (agents/branches, notifications, governance) A Czech Electronic Money Institution (Electronic Money Institution, EMI) can, in principle, scale across the EEA without obtaining a new licence in every country — but only if the expansion is built within a formal passporting procedure and a correct operating model. In […]
EMI Licence in the Czech Republic: 2026 Guide
Why Czechia in 2026 In the Czech Republic, obtaining an EMI License for an Electronic Money Institution is supervised by the Czech National Bank (ČNB / CNB) under the Payment System Act. The application for an emi license is handled as a formal administrative procedure and must be submitted electronically via the applicant’s corporate data […]
Preparing Fintech Companies for Tomorrow
Why the Cloud Is Best Ally for Fintech Company Not so long ago, managing your money meant standing in line at a bank branch or waiting days for a payment to clear. Today, with just a tap on a smartphone, millions of people can borrow, invest, and transfer money instantly. This shift has been powered […]
How Accounting Outsourcing Supports CASP/EMI Licensing
The European financial market is becoming increasingly regulated, especially for businesses working with crypto-assets and electronic money. Companies seeking to operate as Crypto-Asset Service Providers (CASPs) or Electronic Money Institutions (EMIs) face strict licensing requirements from regulators such as the Czech National Bank (ČNB) and other EU supervisory bodies. Among the key conditions for obtaining […]
[2026 Update] Full Guide to Obtaining a Crypto License in EU
In 2026, the EU crypto market is regulated first and foremost through MiCA (MiCAR). For most professional crypto-asset activities, the question is no longer “which national VASP regime applies?” but “do we need MiCA CASP authorisation, and where do we obtain it?” The CASP regime has applied since 30 December 2024, while incumbents previously operating […]
Review of MiCA Regulation in the Czech Republic in 2026
By 2026, the EU Markets in Crypto-Assets Regulation (MiCA) isn’t a framework companies are “getting ready for.” It’s the baseline rule set for legally running a crypto-asset business across the European Union. The old playbook — operating in gray zones, relying on basic registrations, using “light-touch” setups, or postponing compliance until after launch — has […]
MiCA Requirements for AML, Reporting and Governance
As crypto regulation in Europe moves from transition to enforcement, MiCA has reshaped what compliance means for crypto businesses. Rather than addressing isolated risks, the regulation introduces a structured system that connects AML controls, regulatory reporting, and corporate governance into a single supervisory framework. Consequently, crypto-asset service providers must now demonstrate not only technical capability, […]
Czech Crypto Company: Complete Guide to Registration and Requirements
For many years, the Czech Republic has remained one of the most popular jurisdictions for registering companies operating — or planning to operate — in the digital assets sector. Transparent corporate law, a well-developed business environment, and openness to foreign founders make it a convenient starting point for international crypto projects. At the same time, […]
Risks, Compliance and Reporting for Crypto Businesses in the EU
Operating a crypto business in the European Union has entered a new phase. With MiCA fully reshaping the regulatory landscape, crypto companies are now treated much closer to traditional financial institutions than tech startups. This shift has significantly increased regulatory expectations around risk management, compliance frameworks, and regulatory reporting. Understanding how these elements interact is […]
How to Open a Bank Account in Europe for a Crypto Company
Opening a bank account in Europe for a crypto company is no longer a matter of submitting basic corporate documents. Against the backdrop of strict AML/CFT requirements, the development of MiCA regulation, and increasingly conservative internal risk policies at financial institutions, banks across the EU apply significantly enhanced scrutiny to crypto-related businesses. Nevertheless, having a […]