This newsletter examines the Hellenic Capital Market Commission’s (HCMC) new decision on the licensing of Crypto-Asset Service Providers (CASPs) under the EU Markets in Crypto-Assets Regulation (MiCA). The framework sets out the authorisation process in Greece, including preliminary assessments, application file requirements, and strict review timelines. It clarifies governance, AML/ CFT, ICT risk management, outsourcing, and client asset protection obligations, while providing a clear licensing route for both EU and non-EU providers. The decision represents a key milestone in MiCA’s implementation, aligning Greek supervision with European standards and setting practical next steps for firms.