MiCA Law : Assessing Acquisitions of Crypto‑Asset Service Providers (Article 84)

EU Crypto Regulation : Why Article 84 of MiCA Is so much important ?

The EU crypto regulation takes a big leap forward with the MiCA law. Article 84 sets a strict framework for the acquisition of crypto‑asset service providers. In short, no one can buy a crypto company in the EU without passing under the regulator’s magnifying glass.

Conditions for Acquiring a Crypto Service Provider : Key Requirements

Before giving approval, the competent authority ensures that several conditions are strictly met:

• Solid reputation: buyers with a shady track record won’t make the cut.

• Competence of future managers: experience and knowledge of the crypto sector are mandatory to steer the business properly.

• Financial soundness: robust and liquid capital is non‑negotiable.

• Strict compliance: the target must already comply with the MiCA law on crypto acquisitions.

• AML & CFT checks: acquisitions must not be linked to suspicious activities or raise money‑laundering or terrorism‑financing risks.

When a Crypto Acquisition Gets Rejected

The regulator has full power to block acquisitions if:

1. The required conditions to acquire a crypto service provider are not met.

2. The information provided is false, incomplete, or simply too vague.

Bottom line: a sloppy file = an automatic “NO.”

MiCA and Member States: Clear Boundaries

EU Member States are not free to add random conditions. Article 84 clearly prohibits them from:

• Imposing additional thresholds on the size or percentage of the acquisition.

• Assessing a deal based on local economic or political interests.

The rule is simple : only the framework set by the EU crypto regulation (MiCA) applies.

In a Nutshell : A Safer and More Professional Crypto Market

With Article 84 in force, every crypto acquisition in the EU feels like an extreme vetting process. Reputation, financial muscle, compliance, anti‑money laundering—everything is scrutinized.

The result? A more reliable ecosystem, better investor protection, and a stronger alignment with EU crypto regulation standards.

❓ FAQ: MiCA Law and Crypto Acquisitions

1. What is Article 84 of MiCA? It’s a key provision of the MiCA law on crypto acquisitions that governs the evaluation of acquisitions of crypto service providers in the EU.

2. What are the conditions for acquiring a crypto service provider ?

The main conditions are the buyer’s reputation, financial soundness, managerial competence, and strict compliance with MiCA rules.

3. Why is EU crypto regulation so strict ?

To secure the market, protect investors, and fight money laundering and the financing of terrorism.

4. Can EU Member States impose extra conditions ?

No. Article 84 states that only the rules set by the MiCA law apply—no additional national requirements allowed.