CASP — Crypto-Asset Service Provider
Any legal person or undertaking whose occupation or business is the provision of one or more crypto-asset services to clients on a professional basis (MiCA Art. 3(1)(15)).
## What the MiCA regulation says
Under MiCA Art. 3(1)(15), a CASP is any legal person or undertaking whose occupation or business is the provision of one or more crypto-asset services to clients on a professional basis. Services include operation of a trading platform, exchange services, custody, portfolio management, and advice on crypto-assets.
## Authorisation requirements
CASPs must obtain authorisation from the competent authority of their home Member State before providing services in the EU. The authorisation process under MiCA Title V (Art. 59–76) requires submission of a detailed programme of operations, governance arrangements, and prudential safeguards. Authorisation in one Member State grants a passporting right across the EU.
## Why it matters for MiCAReady audits
Every CASP audit within MiCAReady is mapped against Art. 59–76 requirements. The gap-analysis engine identifies missing elements in your whitepaper and governance documentation before you submit to your NCA (BdP, AMF, BaFin, CySEC, or other).