Caceis Bank has been authorised to provide crypto-asset services across the European Union, marking a significant step in the implementation of its digital asset strategy, according to a press statement from the bank on Monday, 30 June 2025. The authorisation was granted in France by the Autorité de Contrôle Prudentiel et de Résolution (ACPR), the country’s banking and insurance supervisor, following the recommendation of the Autorité des Marchés Financiers (AMF), the French financial markets regulator.

The licence was issued under Article 60 of the markets in crypto-assets regulation (Mica), which lays out the regulatory framework for crypto-asset service providers operating within the EU. This authorisation enables Caceis Bank to act as a regulated intermediary in offering a range of services: custody and administration of crypto-assets, reception and transmission of orders (RTO) and crypto-asset transfers.

The approval positioned Caceis among the early institutions authorised under the new pan-European regime, providing legal clarity and operational scope as Mica is gradually implemented across the bloc.

Passporting coverage

As a result of the Mica licence, Caceis Bank now benefits from European passporting rights, allowing it to offer its authorised services throughout all EU member states without additional national approvals. This includes Luxembourg, a key financial centre where digital asset services are expected to see growing institutional demand under the evolving regulatory framework.

The ability to offer services across jurisdictions under a single authorisation forms a central element of Mica’s design, aimed at harmonising rules and fostering innovation in the EU’s digital finance sector.

Laurent Majchrzak, group head of digital assets at Caceis, stated that the authorisation reinforced the bank’s role as a trusted third party. He noted that offering both traditional and digital assets in a unified portfolio reflected the company’s approach to supporting market transformation.

The Mica framework is set to be fully implemented by the end of 2025, with regulators across the EU continuing to assess and approve firms for participation under the regime.