Crypto License in Slovakia

A crypto license in Slovakia is a legal way to conduct cryptocurrency activities within the European Union’s regulatory framework, with the possibility of further business expansion across other EU countries. Slovakia combines clear regulatory logic, moderate economic substance requirements, and a pragmatic supervisory approach to crypto projects.

We provide a full range of turnkey services for obtaining crypto licenses in Slovakia, from company structuring to building a client's system in accordance with regulatory requirements.

As an EU Member State, Slovakia applies EU-wide cryptocurrency regulations in accordance with MiCA. Crypto activities fall under financial supervision and require compliance with standards of transparency, internal control, and mitigation of financial risks.

The legal status of cryptocurrencies in Slovakia is recognized under European legislation, enabling crypto companies to provide services lawfully, provided regulatory requirements are met.

Licensing covers the core types of digital asset operations, including:

• cryptocurrency exchange and crypto-to-crypto / crypto-to-fiat exchange
  
  

• operation of crypto exchange platforms
  
  

• storage of digital assets
  
  

• custodial services
  
  

• transfer of crypto assets
  
  

• crypto asset management
  
  

The selection of specific services directly affects requirements for the company structure, compliance framework, and internal procedures.

To obtain a license, a company must be registered in Slovakia and demonstrate confirmed economic substance. The regulator assesses the company’s actual ability to manage operational and financial risks, not merely its formal legal structure.

Key requirements include:

• registration of a legal entity paid-in share capital (the amount depends on the type of license)
  
  

• transparent ownership structure and disclosure of beneficial owners
  
  

• presence of a local address and demonstrable business manageability
  
  

• appointment of the director and key employees
  
  

• implementation of a comprehensive compliance system
  
  

The Slovak regulator places particular emphasis on the real operational readiness of the business rather than a purely formal set of documents.

Crypto companies are required to implement AML policies and KYC procedures in line with European standards. This includes customer identification, risk assessment, transaction monitoring, and internal policies and controls.

A well-designed compliance system significantly increases the likelihood of successful licensing and subsequent bank account opening.

The licensing process typically includes the following stages:

• analysis of the business model and services
  
  

• company registration and structuring
  
  

• development of AML and compliance documentation
  
  

• preparation of economic substance
  
  

• submission of the application and interaction with the regulator
  
  

Timelines depend on project complexity and the level of documentation readiness, with the quality of early-stage preparation being the decisive factor.

• EU Member State with unified regulation
  
  
• moderate economic substance requirements
  
  
• clear and predictable regulatory practice
  
  
• opportunity to scale across the EU
  
  
• compatibility with international corporate structures
  
  

Slovakia is well suited for crypto projects focused on sustainable growth and long-term operations within the European regulatory environment.

A crypto license in Slovakia is a balanced solution for crypto businesses planning to legally operate in the EU and scale within the framework of European regulation. We provide comprehensive project support from the start to full regulatory readiness.