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| Dimension |
Pinned 🇩🇰 Denmark partly open Verified 2026-08-15
|
🇱🇻 Latvia
partly open
Verified 2026-08-15
|
|---|---|---|
| Licence type | MiCA CASP authorisation under Regulation (EU) 2023/1114, with Finanstilsynet designated as competent authority under Danish implementing provisions. | MiCA CASP authorisation under Regulation (EU) 2023/1114, administered nationally by Latvijas Banka; specific Latvian implementing statute name not confirmed in this research pass. |
| Regulator | Finanstilsynet (Danish Financial Supervisory Authority) | Latvijas Banka (Bank of Latvia) is the lead CASP licensing/supervisory authority; sources note some residual/overlapping role for the FCMC on broader financial-market alignment, not fully reconciled in this pass. |
| Capital requirement | Denmark capital requirement is included in the £349 pass. | Latvia capital requirement is included in the £349 pass. |
| Timeline to authorisation | Denmark timeline to authorisation is included in the £349 pass. | Latvia timeline to authorisation is included in the £349 pass. |
| Local substance | Denmark local substance is included in the £349 pass. | Latvia local substance is included in the £349 pass. |
| Application cost | Denmark application cost is included in the £349 pass. | Latvia application cost is included in the £349 pass. |
| Ongoing cost | Denmark ongoing cost is included in the £349 pass. | Latvia ongoing cost is included in the £349 pass. |
| Passporting | Denmark passporting is included in the £349 pass. | Latvia passporting is included in the £349 pass. |
| MiCA CASPs approved | Denmark mica casps approved is included in the £349 pass. | Latvia mica casps approved is included in the £349 pass. |
| Key restrictions | Denmark key restrictions is included in the £349 pass. | Latvia key restrictions is included in the £349 pass. |
| Recent changes | Denmark's MiCA transitional arrangement for legacy crypto-asset service providers who applied before 30 December 2024 runs for up to 18 months from that date, lapsing around 1 July 2026 in line with the EU-wide backstop. Finanstilsynet has published an application form, via virk.dk, covering both full CASP authorisation and Article 60 notifications, applicable since the crypto-asset-service rules took effect on 30 December 2024. | Latvijas Banka has issued multiple CASP licences during 2025-2026, including to SIA AlphaRoute and Backpack, and reportedly Paybis (May 2026, per one directory source). Latvia offers free pre-licensing consultations and a formal Innovation Hub. |
| Difficulty rating | Denmark difficulty rating is included in the £349 pass. | Latvia difficulty rating is included in the £349 pass. |
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.
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