How does CNMV supervision work under MiCA?
The CNMV takes on a central role under MiCA: it authorizes, supervises, and controls CASPs. Discover how the process works, what the regulator requires, and how to prepare.
The CNMV updates CASP admission criteria
In 2025, the CNMV updated the admission criteria for Crypto-Asset Service Providers (CASPs) to align them fully with the MiCA Regulation. These new requirements affect both companies currently processing their licenses and those already registered, introducing stricter demands regarding governance, technological security, solvency, and internal documentation.
At IN DIEM Abogados, together with the specialized technical support of Cryptoveritas 360, we analyze how this update impacts exchanges, custodians, fintechs, and crypto service providers in Spain, and the steps they must follow to ensure a solid file approved by the CNMV. Adapting in time not only prevents delays or rejections: it also strengthens the credibility and competitiveness of companies in the new MiCA 2025 regulatory environment.
Common mistakes in CASP applications and how to avoid them
Discover the most common mistakes in CASP applications to the CNMV and how to avoid them to secure a robust MiCA authorisation. We analyse recurring issues in governance, AML, technical documentation and the business model, and show you how to prepare a coherent file that gets approved first time.
What is a CASP and why should you register?
If you operate with crypto-assets in Spain, understanding what CASP is is not optional: it is a legal obligation. Any company that provides custody, exchange, or advisory services on cryptocurrencies must register with the CNMV. Penalties for non-compliance exceed five million euros. At IN DIEM, together with Cryptoveritas 360, we have been guiding companies through this process for over three years. If you have doubts about whether your activity requires CASP registration, you need to read this before continuing to operate.