licencemap
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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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🇫🇷 France partly open
Verified 2026-07-03
 🇱🇺 Luxembourg partly open
Verified 2026-07-02
Licence type 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
MiCA CASP Authorisation granted by the Commission de Surveillance du Secteur Financier (CSSF)
Verified 2026-07-02 Source: CSSF: https://www.cssf.lu/en/crypto-assets-service-providers-casp/
Regulator 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
Commission de Surveillance du Secteur Financier (CSSF)
Verified 2026-07-02 Source: CSSF: https://www.cssf.lu/en/crypto-assets-service-providers-casp/
Capital requirement France capital requirement is locked. Unlock with the £349 pass. Luxembourg capital requirement is locked. Unlock with the £349 pass.
Timeline to authorisation France timeline to authorisation is locked. Unlock with the £349 pass. Luxembourg timeline to authorisation is locked. Unlock with the £349 pass.
Local substance France local substance is locked. Unlock with the £349 pass. Luxembourg local substance is locked. Unlock with the £349 pass.
Application cost France application cost is locked. Unlock with the £349 pass. Luxembourg application cost is locked. Unlock with the £349 pass.
Ongoing cost France ongoing cost is locked. Unlock with the £349 pass. Luxembourg ongoing cost is locked. Unlock with the £349 pass.
Passporting France passporting is locked. Unlock with the £349 pass. Luxembourg passporting is locked. Unlock with the £349 pass.
MiCA CASPs approved France mica casps approved is locked. Unlock with the £349 pass. Luxembourg mica casps approved is locked. Unlock with the £349 pass.
Key restrictions France key restrictions is locked. Unlock with the £349 pass. Luxembourg key restrictions is locked. Unlock with the £349 pass.
Recent changes 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
Rapid growth in H1 2026: as of 30 June 2026, 11 active CASPs including B2C2 Europe, Banking Circle, Bitstamp Europe, Bridge Building, Clearstream Banking, Coinbase Luxembourg, Stokr, Standard Chartered Luxembourg, Swissquote Bank Europe, Zodia Custody Europe and BitFlyer; BitFlyer authorised 26 June 2026, Stokr 22 June 2026, Bridge Building 29 June 2026, all just before the transitional deadline expired on 1 July 2026
Verified 2026-07-02 Source: Delano: https://delano.lu/article/bitflyer-stokr-and-bridge-building-join-luxembourg-casp-list; CSSF: https://www.cssf.lu/en/2026/07/mica-transition-period-for-virtual-asset-service-providers-ended-on-1-july-2026/
Difficulty rating France difficulty rating is locked. Unlock with the £349 pass. Luxembourg difficulty rating is locked. Unlock with the £349 pass.

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Capital, timeline, costs, substance, passporting, restrictions and difficulty for your pinned jurisdiction and every peer, with the deltas that show where each one wins or loses. One-off Founder Pass (£349) or Pro with change alerts.

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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.