MiCA in practice · June 2026
MiCA in Finland: rules, supervision and CASP licenses
Supervisory authority
FIN-FSA (Finanssivalvonta)
MiCA has applied to crypto-asset service providers since 30 December 2024; national transitional arrangements vary and end no later than 1 July 2026.
Who regulates crypto in Finland
Finanssivalvonta (FIN-FSA) is Finland's national competent authority under MiCA. The EU rules apply since 30 December 2024, with transitional arrangements for firms registered under the prior national act ending no later than mid-2026.
Finland's earlier regime — the Virtual Currency Providers Act of 2019 — required registration and basic AML compliance. It was an early, sensible step; MiCA replaces it with a much fuller rulebook.
How to verify a provider in Finland
Search FIN-FSA's register (finanssivalvonta.fi) or ESMA's union-wide CASP register. Check the services covered by the authorisation and the legal entity that holds it.
Passporting applies as everywhere in the EU/EEA: a platform authorised in another member state may serve Finnish customers on its home-state licence, verifiable in the ESMA register.
What changed for Finnish crypto users
CASP authorisation brings segregated custody of client assets, capital requirements, pre-trade fee transparency and a formal complaints path — none of which the old registration regime required.
Unchanged: crypto's volatility, and the fact that holdings sit outside deposit-guarantee protection. The licence regulates the counterparty, not the market.
Frequently asked questions
This page is educational and not legal advice. Always verify a provider’s authorisation in the national supervisor’s or ESMA’s official register.
Trade on a MiCA-licensed platform
Penning is Denmark’s first CASP-licensed crypto platform — fully MiCA-compliant across the EU.