MINIMUM CAPITAL REQUIREMENTS FOR CRYPTO-ASSET SERVICE PROVIDERS
| Crypto-asset service providers | Type of crypto-asset services | Minimum capital requirements under Article 67(1), point (a) |
|---|---|---|
| Class 1 | Crypto-asset service provider authorised for the following crypto-asset services: - execution of orders on behalf of clients; - placing of crypto-assets; - providing transfer services for crypto-assets on behalf of clients; - reception and transmission of orders for crypto-assets on behalf of clients; - providing advice on crypto-assets; and/or - providing portfolio management on crypto-assets. | EUR 50 000 |
| Class 2 | Crypto-asset service provider authorised for any crypto-asset services under class 1 and: - providing custody and administration of crypto-assets on behalf of clients; - exchange of crypto-assets for funds; and/or - exchange of crypto-assets for other crypto-assets. | EUR 125 000 |
| Class 3 | Crypto-asset service provider authorised for any crypto-asset services under class 2 and: - operation of a trading platform for crypto-assets. | EUR 150 000 |