licencemap
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Matrix / Denmark

🇩🇰 Denmark

Standard MiCA CASP regime via Finanstilsynet, with grandfathering for legacy VASPs closed at end of 2025.

Crypto (CASP) E-Money (EMI)
Last verified 2026-07-02 Next review 2026-07-16

Data verified: oldest cell 1 day ago (verified 2026-07-02). Individual cells show their own verification date below.

Licence type

Tilladelse som e-pengeinstitut under Lov om betalinger (Payment Services Act, LBK nr 1013 af 21/08/2024), transposing EMD2; a 'begraenset tilladelse til at udstede elektroniske penge' (limited/small e-money licence) exemption tier also exists for smaller-scale issuers

Verified 2026-07-02 Source: Finanstilsynet: https://www.finanstilsynet.dk/ansoeg-og-indberet/ansoegningsskemaer/ansoegning-om-tilladelse-som-e-pengeinstitut ; https://www.finanstilsynet.dk/ansoeg-og-indberet/ansoegningsskemaer/ansoegning-om-begraenset-tilladelse-til-at-udstede-elektroniske-penge-e-penge

Regulator

Finanstilsynet (the Danish Financial Supervisory Authority / Danish FSA)

Verified 2026-07-02 Source: Finanstilsynet: https://www.finanstilsynet.dk/finansielle-temaer/betalingstjenester-og-e-penge/regler

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Recent changes

PSD3 and the PSR will merge the payment institution and EMI regimes into one licence that can issue e-money. Final texts published 23 April 2026, applicability targeted around 2028; existing EMIs are grandfathered but must update their file.

Verified 2026-07-02 Source: EU

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Informational only, not legal advice. Entries marked as placeholder or awaiting verification must not be relied on. Confirm all requirements with Denmark's regulator and qualified local counsel before acting.