CoinShares Approved Under MiCA, Strengthens EU Crypto Presence

The license, granted on July 18 by the Autorité des Marchés Financiers (AMF), allows the company to manage and advise on crypto asset portfolios across the EU.

The license was issued to CoinShares Asset Management, the firm’s French branch. With this approval, CoinShares becomes the first asset manager based in Europe to be registered under MiCA, which sets new EU rules for the crypto industry.

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It already operates under the Markets in Financial Instruments Directive (MiFID), which covers traditional financial services, and the Alternative Investment Fund Managers Directive (AIFMD), which applies to certain types of investment funds.

CoinShares stated that the company is currently the only crypto-focused asset manager in Europe to hold all three of these licenses.

With these approvals, CoinShares can legally provide crypto-related services throughout the EU. It has already extended its operations to several member states, including Germany, Ireland, Cyprus, Lithuania, Luxembourg, Malta, and the Netherlands, using the EU’s "passporting" system.

Coinshare CEO Jean-Marie Mognetti stated that the new EU framework provides a more consistent and reliable set of rules. Crypto firms have had to work within incomplete or temporary systems, but MiCA brings clear standards across all EU countries.

Meanwhile, companies providing crypto services in the EU will need to comply with new rules starting in July 2027. What do these rules cover? Read the full story.