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🇱🇮 Liechtenstein

Small EEA jurisdiction with a pre-existing blockchain law (TVTG) now layered under MiCA, attracting private banks and institutional crypto players.

Crypto (CASP / VASP) E-money (EMI)
Last verified 2026-08-15 Next review 2026-08-29

Data verified: oldest cell 48 days ago (verified 2026-07-02). Individual cells show their own verification date below.

Capital requirement Capital requirement is included with access. Included with access Timeline to authorisation Timeline to authorisation is included with access. Included with access Application cost Application cost is included with access. Included with access Passporting Passporting is included with access. Included with access

Licence type

MiCA CASP Authorisation granted by FMA Liechtenstein, operating alongside (and increasingly converged with) the pre-existing domestic TVTG (Token and VT Service Provider Act) registration regime

Verified 4 days agoSource: FMA Liechtenstein: https://www.fma-li.li/en/financial-intermediaries/asset-management-and-markets-division/activities-under-micar

Regulator

Finanzmarktaufsicht (FMA) Liechtenstein

Verified 4 days agoSource: FMA Liechtenstein: https://www.fma-li.li/en/financial-intermediaries/asset-management-and-markets-division/activities-under-micar/crypto-asset-service-providers

Recent changes

Bank Frick received MiCAR authorisation from FMA Liechtenstein on 20 January 2026, one of the first in the country under the new regime; FMA also authorised Bitcoin Suisse (Europe), the European arm of the Swiss group, covering trading, custody and staking for institutional/HNW clients. Smart Valor was authorised as a CASP under MiCAR Article 63 with effect from 1 Jul 2026, and Kaiser Partner Privatbank was authorised for certain crypto-asset services via the Article 60 notification route from 29 Jun 2026; the FMA confirmed the MiCAR transitional period ended on schedule on 1 Jul 2026. Further FMA authorisations followed: Floin AG (10 June 2026), Sygnum Europe AG (26 June 2026) and Damoon Technology (Europe) AG (10 July 2026), all announced on the FMA's own news feed.

Verified 18 days agoSource: FMA Liechtenstein news (Damoon, 15 Jul 2026): https://www.fma-li.li/en/news/new-registration-as-a-crypto-asset-service-provider-casp-1661 ; (Floin, 11 Jun 2026): https://www.fma-li.li/en/news/new-registration-as-a-provider-of-crypto-asset-services-casp-1637 ; FMA Liechtenstein news: https://www.fma-li.li/en/news/new-registration-as-a-crypto-asset-service-provider-casp-1653 ; https://www.fma-li.li/en/news/authorization-pursuant-to-art-60-of-micar-1651 ; https://www.fma-li.li/en/news/end-of-the-transition-period-under-micar-1655 ; Global Law Experts: https://globallawexperts.com/mica-compliance-deadline-crypto-businesses-serving/

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Not legal advice. Entries marked placeholder or awaiting verification shouldn't be relied on. Verify with Liechtenstein's regulator and qualified local counsel before acting.