Netherlands Implements MiCA Licensing for Crypto Asset Providers in 2025 Transition
The Netherlands solidifies its crypto-friendly stance with a structured 12-month transition to MiCA licensing for crypto Asset Service Providers (CASPs). Existing operators may continue under current EU anti-money laundering (AMLD5) rules while applying for authorization from the Dutch Authority for the Financial Markets (AFM).
April 2024 marked the AFM's acceptance of MiCA applications, with non-compliant providers facing exclusion after the transitional period. This regulatory bridge balances market continuity with tightening oversight—a model reflecting the EU's push for standardized crypto governance.