{"id":254531,"date":"2026-06-08T11:41:37","date_gmt":"2026-06-08T09:41:37","guid":{"rendered":"https:\/\/highgate.sk\/mica-banks-and-market-realities-why-getting-licensed-is-only-half-the-story\/"},"modified":"2026-06-08T11:44:20","modified_gmt":"2026-06-08T09:44:20","slug":"mica-banks-and-market-realities-why-getting-licensed-is-only-half-the-story","status":"publish","type":"post","link":"https:\/\/highgate.sk\/en\/mica-banks-and-market-realities-why-getting-licensed-is-only-half-the-story\/","title":{"rendered":"MiCA, banks and market realities: why getting licensed is only half the story"},"content":{"rendered":"\n

The regulation of cryptoassets in Europe is moving into a new phase. MiCA brings rules but also new barriers. Getting licensed today is just the beginning – the real challenge comes afterwards. How does the reality work in the Czech Republic and Slovakia, why are banks hesitating and how much does it all cost? <\/strong><\/p>\n\n

Czech Republic vs. Slovakia: high expectations, hard reality<\/h2>\n\n

One of the most interesting topics in today’s crypto asset market is the difference between jurisdictions. The Czech Republic has been perceived as a “cryptohub”, which is reflected in the number of license applications – approximately 250. <\/p>\n\n

The result? Only a few licenses granted. <\/p>\n\n

In Slovakia, the number of applications was significantly lower (units to tens), but the resulting number of licences is comparable. This disproportion shows one fundamental thing: <\/p>\n\n

The market has significantly underestimated the difficulty of the licensing process.<\/strong><\/p>\n\n

In practice, we see that a large proportion of applications were not sufficiently prepared – whether in terms of governance, internal processes or technological infrastructure.<\/p>\n\n

How much does a MiCA licence cost in practice?<\/h2>\n\n

From a business perspective, the key issue is cost.<\/p>\n\n

In a realistic setting, today we are talking about:<\/p>\n\n