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Cryptoasset services
As a main rule, authorisation from FI is required to provide crypto-asset services. However, certain financial entities do not need to apply for authorisation to be able to offer equivalent crypto-asset services; in such a case, a notification procedure is applied.
Pursuant to Regulation (EU) 2023/1114 of the European Parliament and of the Council on markets in crypto-assets (MiCA), crypto-asset services refers to the following services and activities relating to any crypto-asset;
- Providing custody and administration of crypto-assets on behalf of clients.
- Operation of a trading platform for crypto-assets.
- Exchange of crypto-assets for funds.
- Exchange of crypto-assets for other crypto-assets.
- Execution of orders for crypto-assets on behalf of clients.
- Placing of crypto-assets.
- Reception and transmission of orders for crypto-assets on behalf of clients.
- Providing advice on crypto-assets.
- Providing portfolio management on crypto-assets.
- Providing transfer services for crypto-assets on behalf of clients.
Crypto-asset service providers
A legal person or other undertaking whose occupation or business operations is the provision of crypto-asset services to clients and who has received authorisation from FI is called a crypto-asset service provider.
Contents of the application
The required contents of an application for authorisation as a crypto-asset service provider are set out in Article 62 of MiCA and Commission Delegated Regulation (EU) 2025/305 (RTS on CASP authorisation).
The application form is included as an annex to Commission Implementing Regulation (EU) 2025/306 (ITS on CASP authorisation).
Fees
Applicants must pay a fee to FI in conjunction with the application. FI charges a fee based on an estimate of how long it will take to process the application. The size of the fee is regulated by the Fees for Finansinspektionen (Assessment) Ordinance (2001:911). See the fact box for payment information.
FI also charges a supervisory fee in relation to the balance sheet total, but the minimum is SEK 150,000/year.
Processing time
FI makes a decision within 40 working days from the date on which the application is complete. The processing time can be extended by 20 working days if the application needs to be supplemented.
Point of contact
Applications should be emailed to finansinspektionen@fi.se.
Notification of the provision of crypto-asset services
Pursuant to Article 60 of MiCA, a notification procedure applies when credit institutions, central securities depositories, investment firms, electronic money institutions, UCITS management companies, alternative investment fund managers or market operators intend to provide equivalent crypto-asset services. The definition of what constitutes an equivalent service is defined for each individual type of institution.
Contents of the notification
The required contents of a notification to provide crypto-asset services are set out in Article 60 of MiCA and Commission Delegated Regulation (EU) 2025/303 (RTS on CASP notification).
The application form is included as an annex to Commission Implementing Regulation (EU) 2025/304 (ITS on CASP notification).
Fees
Applicants must pay a fee of SEK 25,500 in conjunction with the notification. See the fact box for payment information.
Processing time
FI makes an assessment within 20 working days from receipt of the notification if it is complete. The processing time can be extended by a maximum of 20 working days if the notification needs to be supplemented.
Point of contact
Applications should be emailed to finansinspektionen@fi.se.
Payment procedure
- FI registers the application, which is assigned a reference number.
- FI then sends an administrator letter, which specifies the reference number, the applicable fee and instructions for how to pay the fee.
Do not pay the fee until you have received the administrator letter and reference number from FI.
Read more
- Regulation (EU) 2023/1114 of the European Parliament and of the Council of 31 May 2023 on markets in crypto-assets (EUR-Lex)
- Fees to FI
- Information on crypto-assets and regulations
- ESMA's guidelines on best practices for authorisation of crypto-asset service providers under MiCA
- Commission Delegated Regulation (EU) 2025/305 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards specifying the information to be included in an application for authorisation as a crypto-asset service provider
- Commission Implementing Regulation (EU) 2025/306 laying down implementing technical standards for the application of Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to standard forms, templates and procedures for the information to be included in the application for authorisation as a crypto-asset service provider.
- Commission Delegated Regulation (EU) 2025/303 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards specifying the information to be included by certain financial entities in the notification of their intention to provide crypto-asset services.
- Commission Implementing Regulation (EU) 2025/304 laying down implementing technical standards for the application of Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to standard forms, templates and procedures for the notification by certain financial entities of their intention to provide crypto-asset services. procedure for some financial entities’ notification of their intention to provide crypto-asset services (EUR-Lex)
Last reviewed: 2025-11-19