licencemap
Informational only, not legal advice. Verify with qualified counsel before acting. Full disclaimer

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Pin the jurisdiction you are leaning towards, then line up to 5 rivals against it. Every unlocked figure shows where a peer beats it or loses to it on capital, timeline, cost and difficulty, so one screen tells you whether your first choice actually holds up.

Crypto (CASP / VASP) E-money (EMI)
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Dimension Pinned
🇪🇪 Estonia partly open
Verified 2026-07-02
 🇫🇷 France partly open
Verified 2026-07-03
Licence type MiCA CASP authorisation; implemented via the Crypto-Assets Market Act (Kruptovarade turu seadus, KrüTS), in force 1 July 2024.
Verified 2026-07-02 Source: Finantsinspektsioon (FI): https://www.fi.ee/en/investeerimine/investeerimisvaldkonna-tegevuslubade-taotlemine/kruptovaraturu-tegevusluba
MiCA CASP authorisation (French 'agrement PSCA'); replaces the legacy PSAN regime (mandatory AML registration + optional licence). A single authorisation covers the 10 MiCA services.
Verified 2026-07-01 Source: AMF - now accepting CASP applications: https://www.amf-france.org/en/news-publications/news/mica-regulation-amf-now-accepting-applications-authorisation-casp
Regulator Finantsinspektsioon (Estonian Financial Supervision and Resolution Authority)
Verified 2026-07-02 Source: Finantsinspektsioon: https://www.fi.ee
AMF (Autorite des marches financiers) grants and supervises the CASP authorisation; ACPR (Banque de France) gives binding assent on AML/CFT and prudential aspects via a joint examination team.
Verified 2026-07-01 Source: AMF - obtain DASP/CASP authorisation: https://www.amf-france.org/en/professionals/fintech/my-relations-amf/digital-asset-service-provider-dasp/obtain-dasp-authorisation
Capital requirement Estonia capital requirement is locked. Unlock with the £349 pass. France capital requirement is locked. Unlock with the £349 pass.
Timeline to authorisation Estonia timeline to authorisation is locked. Unlock with the £349 pass. France timeline to authorisation is locked. Unlock with the £349 pass.
Local substance Estonia local substance is locked. Unlock with the £349 pass. France local substance is locked. Unlock with the £349 pass.
Application cost Estonia application cost is locked. Unlock with the £349 pass. France application cost is locked. Unlock with the £349 pass.
Ongoing cost Estonia ongoing cost is locked. Unlock with the £349 pass. France ongoing cost is locked. Unlock with the £349 pass.
Passporting Estonia passporting is locked. Unlock with the £349 pass. France passporting is locked. Unlock with the £349 pass.
MiCA CASPs approved Estonia mica casps approved is locked. Unlock with the £349 pass. France mica casps approved is locked. Unlock with the £349 pass.
Key restrictions Estonia key restrictions is locked. Unlock with the £349 pass. France key restrictions is locked. Unlock with the £349 pass.
Recent changes Estonia's VASP population collapsed from 641 valid licences (mid-2021 peak) to 36 remaining by early 2026; as of recent reporting only one entity (Lightspark Payments Europe AS) had received full MiCA CASP authorisation. From 18 March 2026, CASP applications must go through FI's new application portal.
Verified 2026-07-02 Source: FinTelegram: https://fintelegram.com/mica-day-one-estonia-pulls-the-plug-on-the-old-crypto-licence-era-no-licence-no-eu-clients/
France used the full 18-month transition, ending 1 Jul 2026 (today). Deblock first CASP (May 2025), SG-Forge (Oct 2025); ~18 CASPs authorised by 28 May 2026. AMF adopted ESMA staff knowledge/competence guidelines (Mar 2026).
Verified 2026-07-01 Source: AMF news (5 Feb 2026): https://www.amf-france.org/en/news-publications/news/amf-reminds-digital-asset-service-providers-transitional-period-allowing-them-continue-providing
Difficulty rating Estonia difficulty rating is locked. Unlock with the £349 pass. France difficulty rating is locked. Unlock with the £349 pass.

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Informational only, not legal advice. A delta compares the sortable figure only (capital, timeline, cost, difficulty, passporting, approvals); it is not a judgement on overall suitability. Verify with qualified counsel before acting.