Skip to main content
The CASP Directory
Checklist

MiCA transitional deadlines by country

When each EU member state's MiCA grandfathering window closes. Article 143 set an 18-month maximum ending 1 July 2026, but member states could shorten it, and several did. Your real deadline is set by the country you operated in before 30 December 2024.

How the deadline actually works

Article 143(3) let firms that were already providing crypto-asset services under national law before 30 December 2024 keep operating under that national framework until they are authorised under MiCA, for up to 18 months. That sets a hard EU ceiling of 1 July 2026, but each member state was free to shorten the window, and many did. There is no EU-wide single date.

Your real deadline is set by the member state where you operated before 30 December 2024, not by the maximum. Several windows have already closed. Some states also set an earlier “apply by” cut-off that you had to meet to keep the benefit at all, separate from the window end.

Windows by member state

Based on the ESMA list of grandfathering periods under Article 143(3), read against the 30 December 2024 start. Dates are approximate to the day and should be confirmed with the national competent authority.

Member stateWindowClosesStatus (June 2026)
Austria12 months~30 Dec 2025Closed
Belgium18 months1 Jul 2026Open
Bulgaria18 months1 Jul 2026Open (apply-by 8 Oct 2025)
Croatia18 months1 Jul 2026Open
Cyprus18 months1 Jul 2026Open
Czechia18 months1 Jul 2026Open (apply-by 31 Jul 2025)
Denmark18 months1 Jul 2026Open (apply-by 30 Dec 2024)
Estonia18 months1 Jul 2026Open
Finland6 months~30 Jun 2025Closed
France18 months1 Jul 2026Open
Germany12 months~30 Dec 2025Closed
Greece18 months1 Jul 2026Open
Hungary6 months~30 Jun 2025Closed
Ireland12 months~30 Dec 2025Closed
Italy18 months1 Jul 2026Open (apply-by 30 Dec 2025)
Latvia6 months~30 Jun 2025Closed
Lithuania12 months~30 Dec 2025Closed
Luxembourg18 months1 Jul 2026Open
Malta18 months1 Jul 2026Open
Netherlands6 months~30 Jun 2025Closed
Poland6 months~30 Jun 2025Closed (no pathway yet)
Portugal18 months1 Jul 2026Open
Romania18 months1 Jul 2026Open
Slovakia12 months~30 Dec 2025Closed
Slovenia6 months~30 Jun 2025Closed
Spain18 months1 Jul 2026Open
Sweden9 months~30 Sep 2025Closed

Source: ESMA list of grandfathering periods under Article 143(3). Note that Italy and Spain were widely misreported as shorter than 18 months, and Lithuania as shorter than 12; the ESMA list is the record. Poland adopted a 6-month window but has no functioning authorisation pathway as of mid-2026, so firms there are winding down or passporting in from other member states.

What happens at the cut-off

  • There is no intermediate or provisional status. You are either authorised under MiCA or you must stop providing the service.
  • A pending application does not extend the window. If your member state’s window closes before you are authorised, you cannot keep operating on the strength of having applied.
  • Firms that were refused, or never applied, are in the same position and should run an orderly wind-down rather than assume tolerance.
  • If your window has closed, options include pausing EU service, passporting in from a group entity authorised in an open jurisdiction, or completing authorisation before resuming.

Useful next pages