🇮🇸 How much does a crypto licence in Iceland cost?
Cost model verified: oldest component 1 day ago (verified 2026-08-15).
roughly EUR 0 to EUR 25k cash over three years
Plus roughly EUR 100k to EUR 150k of capital you must hold.
Confidence: Medium
Modelled scenario: Single-entity MiCA Class 2 CASP authorisation in Iceland for custody plus exchange services. Professional and substance costs are not modelled.
These figures are planning estimates for a stated representative scenario, not quotes and not legal or financial advice. Regulator fees and capital minimums are sourced from official schedules; professional and substance costs are market estimates with ranges. Your numbers will differ. Verify against the cited sources and take advice before committing.
| Component | Year 1 | Year 2 | Year 3 | 3-year total | Confidence |
|---|---|---|---|---|---|
| Application | |||||
| Application fee | Iceland application fee is included in the £349 pass. | - | - | Iceland application fee is included in the £349 pass. | verified |
| Capital | |||||
| Minimum capital (held) | - | - | - | Iceland minimum capital is included in the £349 pass. | verified |
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These are representative scenarios
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