Crypto License in Malta

Obtain a Maltese Crypto License Under the EU MiCA Framework in 2026

Malta is one of the most established and crypto-friendly jurisdictions in the European Union. With clear regulations, a supportive fintech ecosystem, and EU-wide MiCA compliance, a Maltese crypto license enables companies to operate legally, build trust with investors, and access European banking infrastructure.

Since the Markets in Crypto-Assets (MiCA) Regulation came into force, Malta’s crypto licenses allow authorized companies to passport their services across the European Economic Area (EEA).

Regulatory Authority and Legal Framework

Crypto-asset service providers (CASPs) in Malta are regulated by the Malta Financial Services Authority (MFSA). The MFSA supervises licensing, registration, and ongoing compliance of crypto businesses under:

• EU MiCA regulations
• AML/CFT (anti-money laundering / counter-terrorist financing) rules
• FATF recommendations
• Local corporate governance and operational requirements

Malta emphasizes operational substance, robust governance, and compliance transparency for all licensed operators.

Types of Crypto Licenses

Malta offers different types of crypto licenses depending on the services provided. Each type has its own requirements for capital, personnel, and compliance.

1. Advisory License

Scope: Provides consultancy, advice, and order transmission for crypto-assets.

Capital Requirements:

• Minimum €50,000

Personnel & Compliance:

• Qualified directors and compliance officers
• Operational hierarchy and internal audit procedures
• AML/KYC policies in line with EU standards

Business Scenario Example:

• A startup offering crypto investment advice and portfolio management for institutional clients, without handling client funds directly.

2. Custody / Exchange License

Scope: Enables holding, managing, and trading crypto-assets. Includes crypto exchanges and wallet services.

Capital Requirements:

• Minimum €125,000

Personnel & Compliance:

• Compliance and AML officers
• Transaction monitoring systems
• Internal audit and risk management procedures
• Functional presence in Malta

Business Scenario Example:

• A digital wallet provider storing client assets securely and offering crypto-to-crypto and crypto-to-fiat exchanges with integrated banking partners.

3. Trading Platform License

Scope: For operating full-scale trading platforms, including order execution, token issuance, and marketplace operations.

Capital Requirements:

• Minimum €150,000+
• Additional reserves based on operational scale and risk exposure

Personnel & Compliance:

• Full management and board oversight
• Cybersecurity framework and IT monitoring
• AML/KYC compliance for all transactions
• Risk management and internal audit

Business Scenario Example:

• A crypto exchange listing multiple digital assets, offering trading for institutional and retail clients, with integrated banking and multi-currency settlement.

Licensing Timeline

Typical steps for obtaining a Maltese crypto license:

1. Company formation in Malta
2. Preparation of licensing documentation
3. Capital allocation and proof of funds
4. Submission to the MFSA
5. Regulatory review and feedback

Estimated total timeline: 3–6 months, depending on readiness and documentation quality.

Compliance and AML/KYC Procedures

Compliance is crucial for MFSA licensing. Licensed CASPs must maintain robust processes, including:

AML/KYC Process

Client Due Diligence (CDD/KYC):

• Verification of client identity
• Screening against sanctions and PEP lists

 Transaction Monitoring:

• Automated systems to detect suspicious activity
• Alerts for large or unusual transactions

Reporting & Escalation:

• Submission of suspicious transaction reports (STRs) to authorities
• Regular compliance reporting to MFSA

Internal Governance

• Appointment of compliance and AML officers
• Documented policies and procedures for all operations
• Internal audits and risk management frameworks

Cybersecurity & IT Controls

• Secure custody and wallet systems
• GDPR-compliant data protection
• Incident response and reporting protocols

MFSA Review Focus: Operational substance, governance, cybersecurity, and risk management — not just capital.

Estimated Costs

Approximate first-year budget:

• Government and registration fees: €5,000–€10,000
• Legal and compliance structuring: €15,000–€35,000
• Initial capital: €50,000–€150,000
• Operational expenses (office, audit, reporting): €20,000–€50,000

Total first-year costs: €90,000–€250,000+, depending on license type and operational scale.

Comparison with Other EU Jurisdictions

• Malta
  • Licensing Timeline: 3–6 months
  • Minimum Capital: €50,000–€150,000+
  • Cost: Medium
  • Transparency / Regulatory Clarity: High (MFSA + MiCA)
• Finland
  • Licensing Timeline: 4–7 months
  • Minimum Capital: €50,000–€150,000+
  • Cost: Medium
  • Transparency / Regulatory Clarity: High, strict compliance, EEA passporting
• Lithuania
  • Licensing Timeline: 3–6 months
  • Minimum Capital: €50,000–€150,000+
  • Cost: Medium
  • Transparency / Regulatory Clarity: High, fintech-friendly, MiCA-aligned
• Poland
  • Licensing Timeline: 5–8 months
  • Minimum Capital: €50,000–€125,000
  • Cost: Medium
  • Transparency / Regulatory Clarity: Clear MiCA alignment, fast approval

Malta stands out with established infrastructure, investor trust, and a well-known regulatory brand in crypto.

Why Choose Malta? / Advantages 

• EU-wide MiCA compliance and passporting rights
• Transparent licensing and reporting framework
• Strong fintech ecosystem and institutional support
• Access to European banking and payment systems
• Regulatory credibility for investors and partners

Malta is ideal for crypto exchanges, custodians, token issuance platforms, and fintech companies seeking compliance-driven EU expansion.

FAQ — Crypto License in Malta 2026

How long does it take to get a license?

3–6 months depending on preparation and MFSA review.

What is the minimum capital?

From €50,000 for advisory services to €150,000+ for trading platforms.

Is local presence required?

Yes, functional management and decision-making in Malta are expected.

Can the license be used across the EU?

Yes, once authorized, the license allows passporting throughout the EEA.

Can a Maltese crypto license operate globally?

While it primarily covers EEA countries, it enhances credibility with international partners and banks, facilitating cross-border operations.

What ongoing reporting is required after licensing?

AML/KYC compliance, internal audits, transaction monitoring, cybersecurity, and regular filings with the MFSA.