MiCA CASP authorisation in Poland (KNF)

At a glance

Regulator: KNF (not yet formally designated)
Typical timeline: No domestic pathway open as of mid-2026
Transitional deadline: Adopted at 6 months, but the implementing act is stalled; confirm current status
Fees: No statutory CASP fee schedule in force yet
CASPs authorised so far: ~0 (no Poland-authorised CASPs)
Pre-MiCA experience: AML VASP register only

As of June 2026; figures drift and transitional dates trace to the ESMA grandfathering list. Capital is set EU-wide by service class (€50,000 / €125,000 / €150,000), not by country. Compare member states on the jurisdiction comparison and confirm exact dates on the deadlines page.

Why teams look at Poland

Poland is a large EU market with a substantial population of firms that operated under the pre-MiCA virtual-currency register. The designated MiCA competent authority is the Polish Financial Supervision Authority (KNF). One caveat matters more here than almost anywhere else: Poland’s national legislation implementing MiCA was slow to finalise, which affected when and how the KNF could start authorising CASPs. Check the current status before you build a Poland plan.

This page is informational and does not replace legal, regulatory, or tax advice. Poland’s national MiCA framework and timing have been in flux; confirm the current position directly with the KNF before acting.

The authorisation route

A firm that is not already an EU-authorised financial entity applies to the KNF for authorisation as a CASP under Article 62. A firm already authorised under EU financial law can use the lighter Article 60 notification.

Under Article 63 the competent authority has 25 working days to confirm completeness and then 40 working days to decide once the file is complete. Poland is not in the euro area, so euro thresholds are assessed against the zloty equivalent.

What the KNF expects

Local substance

A registered office in Poland and management effectively based there under Article 59(2).

Governance and fit-and-proper

Collective crypto-asset competence and sufficient time under Article 68, with assessment of directors and qualifying shareholders.

Custody and client assets

Segregation, reconciliation, a custody policy, and strict liability for loss under Article 75 where you hold client crypto-assets or the means of access.

Prudential safeguards

Own funds, an insurance policy, a comparable guarantee, or a mix under Article 67, at the higher of the class minimum or one quarter of fixed overheads.

Capital and the Article 67 question

The minimum is 50,000 euro, 125,000 euro, or 150,000 euro depending on the services you are authorised for, or one quarter of the previous year’s fixed overheads if higher. If you are weighing insurance against capital, build the evidence first: see the CASP insurance evidence pack and own funds vs insurance.

National law and transitional path

Because Poland’s national implementing legislation finalised later than the start of the MiCA CASP regime, the transitional arrangements and the practical start of KNF authorisation depend on the current state of that law. Do not assume a transitional window or a cut-off date. Confirm the current position and steps with the KNF before relying on Poland.

This is the key Poland-specific risk. Verify the current national framework with the KNF rather than older summaries.

FAQ

Is a Poland CASP licence valid across the EU?

Yes. A CASP authorisation passports to all 27 member states under Article 65. You authorise in Poland and notify the host states before providing services there.

Can I get authorised in Poland today?

That depends on the current state of Poland’s national MiCA law and the KNF’s process. Confirm directly with the KNF, because the national framework finalised later than the EU regime began.