> For the complete documentation index, see [llms.txt](https://www.mica.wtf/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://www.mica.wtf/eu-level/q-and-a/esma-qa-2343-minimum-capital-requirements-casps.md).

# Minimum capital requirements for CASPs

|                 |                                                                                  |
| --------------- | -------------------------------------------------------------------------------- |
| **Authority**   | ESMA                                                                             |
| **Q\&A ID**     | ESMA\_QA\_2343                                                                   |
| **Status**      | Answer Published                                                                 |
| **Published**   | 12 December 2024                                                                 |
| **Legal basis** | None mapped                                                                      |
| **Source**      | [ESMA Q\&A](https://www.esma.europa.eu/publications-data/questions-answers/2343) |

### Question

What are the minimum capital requirements applicable to CASPs providing (i) only crypto-asset services listed under either Class 2 or Class 3, or (ii) providing crypto-asset services listed under Class 1 and Class 3 of Annex 4 of [MiCA](https://github.com/jakesenfti/micawtf/blob/main/mica/README.md)?

***

### Answer

The minimum capital requirement applicable to a CASP should be the one applicable to whichever of its services requires the higher minimum capital requirement.

In particular:

The minimum capital requirements applicable to a CASP authorised to provide only one or several crypto-asset services belonging to the same Annex 4 “Class” of crypto-asset service – should be:

* If the crypto-asset service(s) is/are listed in Class 2 of Annex 4, EUR 125 000;
* If the crypto-asset service(s) is/are listed in Class 3 of Annex 4, EUR 150 000.

The minimum capital requirement applicable to a CASP authorised to provide both Class 1 and Class 3 services should be EUR 150 000.

***

**Source:** [ESMA original document](https://www.esma.europa.eu/publications-data/questions-answers/2343)


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