Crossmint has officially secured a MiCA license from Spain’s financial regulator, opening the door to EU-wide stablecoin services and crypto infrastructure.
Quick Summary – TLDR:
- Crossmint received MiCA authorization from Spain’s CNMV, becoming a regulated Crypto Asset Service Provider (CASP).
- The license enables Crossmint to operate legally in all 27 EU member states with a single regulatory framework.
- Crossmint can now offer fiat-crypto exchanges, wallet custody, and cross-chain transfers through a unified platform.
- The move comes as non-compliant providers face phaseout ahead of MiCA’s July 2026 deadline.
What Happened?
Crossmint has secured approval from Spain’s Comisión Nacional del Mercado de Valores (CNMV) under the Markets in Crypto Assets Regulation (MiCA). This makes Crossmint one of the select few authorized crypto infrastructure providers able to offer stablecoin and digital asset services across all 27 European Union member states.
The license covers fiat-to-crypto exchanges, custody of digital assets, and transfers across wallets and blockchains. As the EU prepares to enforce stricter rules under MiCA, Crossmint’s regulatory approval positions it as a go-to provider for financial institutions looking to expand in the crypto space.
Crossmint is officially MiCA authorized.
— Crossmint (@crossmint) January 14, 2026
We’re now one of a select few stablecoin infrastructure providers with full EU regulatory approval.
Wallets, onramps, and money movement — for fintechs across 27 EU countries. pic.twitter.com/LVhrB9p4x2
What the MiCA License Means for Crossmint?
This milestone allows Crossmint to offer complete digital asset infrastructure through a single integration, bypassing the need to navigate each EU country’s local crypto rules. This is a major win for clients like remittance firms, payroll platforms, neobanks, and marketplaces who can now add crypto services without lengthy licensing procedures.
Crossmint’s general counsel Miguel Angel Zapatero emphasized that the MiCA process was as rigorous as traditional financial licensing, requiring detailed anti-money laundering and risk management assessments over an 18-month review period. Zapatero said:
He added that MiCA establishes a level playing field, building trust among conservative clients who were once hesitant to adopt crypto technology.
The End of the “Wild West” Era
With the MiCA “grandfathering period” ending in July 2026, crypto companies operating under national regimes face growing pressure. Firms that fail to secure full MiCA compliance may be forced to wind down operations or transition clients to licensed providers.
Crossmint is not positioning itself as a consumer-facing exchange, but rather as a business-to-business platform. This sets it apart from most MiCA-licensed entities, many of which focus on retail trading.
Stablecoins and Institutional Demand on the Rise
The demand for compliant stablecoin infrastructure is growing rapidly. A reported 96% of financial organizations with over $50 billion in revenue plan to integrate stablecoins by 2027. However, fragmented compliance rules across EU nations have made implementation difficult until now.
Crossmint’s platform allows these institutions to deploy stablecoin solutions quickly and compliantly, without juggling multiple vendors or national regulators.
Its authorization is expected to soon appear on the European Securities and Markets Authority (ESMA) public register, further cementing its status.
Regulatory Shakeout in the EU Crypto Market
Spain and France have started ramping up enforcement as MiCA rules come into effect. Spain’s CNMV issued guidelines compelling local providers to upgrade or shut down, while France’s AMF revealed that 70% of crypto companies remain unlicensed, raising the possibility of mass exits from the market.
Under new ESMA guidance, firms that do not obtain MiCA approval must prepare for an “orderly wind down,” signaling a significant consolidation within the European crypto landscape.
SQ Magazine Takeaway
Honestly, this is exactly the kind of clarity the crypto space has needed. I’m glad to see Crossmint not just ticking regulatory boxes but leaning into compliance as a competitive edge. Instead of playing it fast and loose like many others, they treated this like a banking license and that’s going to resonate with serious clients. This MiCA approval doesn’t just let them operate across Europe. It plants their flag as one of the most trusted B2B crypto infrastructure platforms on the market. As the regulatory noose tightens, Crossmint isn’t dodging it, they’re leading the pack.
