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What we had to work out ourselves.
We build products that fall under European crypto rules, so we read the regulation before we ship. These are the notes, written properly rather than as a sales funnel.
Reference · MiCAR
CASP authorisation under MiCAR
The question most teams actually have is not how to get authorised. It is whether they need to be.
Reference · Custody models
Custody models, and what each one triggers
Institutions usually pick a custody provider first and discover the regulatory consequence second. It works better the other way round.