October 16th, 2024 — Gofaizen & Sherle, a leading crypto and fintech consulting firm, has launched a comprehensive full-cycle service to assist CASPs (Crypto Asset Service Providers) in obtaining the Markets in Crypto-Assets Regulation (MICAR) license. The service, designed to support companies in securing MICAR licenses efficiently, is now available in Lithuania, Spain, and Poland.
The full-cycle service offers a complete solution, including selecting the most suitable EU jurisdiction based on business goals, preparing all required documentation for the Financial regulatory authority in the chosen jurisdiction, and providing full-stack local substance solutions — such as core employee search and training. It also covers the establishment of all eight required frameworks, offers continuous communication support with the Central Bank, manages third-party communications (e.g., banks, KYC/KYT service providers), and addresses client inquiries as needed.
"MICAR is a complex regulatory framework. While it unifies crypto regulations across the EU, each jurisdiction comes with its own unique details. It’s crucial for CASPs not only to choose the right jurisdiction for their project but also to manage all the nuances. Gaining the necessary expertise for such a transition can be time-consuming. That’s why Gofaizen & Sherle has launched this full-cycle MICAR transition service—to handle the paperwork and operational processes, allowing companies to easily obtain their licenses while adhering to all European regulations."
– said Mark Gofaizen, Senior Partner at Gofaizen & Sherle
The service ensures that all regulatory requirements across the EU are met, managing every aspect of the transition so companies can focus on their business strategy and operations.
About Gofaizen & Sherle
Gofaizen & Sherle specializes in providing top-tier legal and business consulting services for FinTech projects, digital assets, investment funds, and financial organizations. With a focus on compliance and efficiency, our experts are dedicated to helping clients achieve their business objectives in the ever-evolving financial landscape.
- Contact: Gofaizen & Sherle
- Email: [email protected]
- Website: www.gofaizen-sherle.com