MiCA-regulated CASPs

Your MiCA licence + our EPE licence: the complete crypto↔fiat bridge

PMI Group Europe acts as the fiat payments partner for Crypto-Asset Service Providers authorised under MiCA. You manage the crypto layer under your CASP licence, we manage the fiat layer under our Bank of Spain Payment Institution licence (no. 6924).

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Why do CASPs need a regulated fiat partner?

MiCA requires crypto↔fiat flows to be executed through authorised financial infrastructure. PMI Europe provides that regulated layer so the CASP can focus on its crypto product.

What PMI provides
  • ●Bank of Spain EPE licence (no. 6924)
  • ●Segregated safeguarding accounts
  • ●Fiat on-ramp and off-ramp: SEPA, SWIFT, Visa Direct
  • ●KYC/AML on the fiat layer (Spanish AML Act)
  • ●Regulatory reporting to Bank of Spain
  • ●REST API for technical integration
What the CASP manages
  • ●MiCA licence / CASP authorisation
  • ●Crypto-asset custody
  • ●Trading, exchange, staking
  • ●Crypto user onboarding
  • ●Crypto compliance (Travel Rule, TFR)
  • ●End-user product and experience
The result
  • ●Fully regulated crypto↔fiat flow
  • ●No dual licensing required
  • ●Accelerated time-to-market
  • ●Shared compliance costs
  • ●Scalable across the EU (PSD2 passporting)
  • ●Auditable and transparent for supervisors
Partnership between crypto provider and regulated payment institution

Supported crypto↔fiat flows

On-ramp (Fiat → Crypto)

User deposits EUR via SEPA/card into PMI account. Webhook confirmation to CASP to release crypto.

Off-ramp (Crypto → Fiat)

CASP instructs fiat payment after receiving crypto from user. PMI executes SEPA/SWIFT to beneficiary.

CASP ↔ PMI settlement

Daily net settlement or gross per transaction. Automatic reconciliation via API.

Multi-currency

30+ fiat currencies supported. Competitive FX at the point of crypto↔fiat conversion.

Segregated accounts

User fiat funds held in safeguarding accounts compliant with Spanish payment services law.

Regulatory reporting

PMI handles all communication with Bank of Spain and SEPBLAC on the fiat layer.

On-ramp and off-ramp flows between euros and cryptoassets

Ideal for

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Exchanges and trading platforms

Need regulated fiat on/off-ramp for your EU users without managing your own EPE licence.

🔐

Crypto-asset custodians

Offer EUR deposits and withdrawals to your institutional clients with bank-grade fiat infrastructure.

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Stablecoin and e-money token issuers

Need regulated fiat redemption flows to comply with MiCA Title III/IV.

Regulatory framework

PMI Europe licence

  • ✓Authorised Payment Institution — Bank of Spain no. 6924
  • ✓PSD2 compliant — EU passporting underway
  • ✓Spanish AML Act (Ley 10/2010) compliant
  • ✓PCI DSS Level 1
  • ✓Fund safeguarding per Spanish payment services law

MiCA compatibility

  • ✓Clear crypto/fiat responsibility separation
  • ✓Auditable infrastructure for supervisors
  • ✓Travel Rule (TFR) compatible model
  • ✓Shared due diligence: CASP + EPE
  • ✓Fiat reporting independent from CASP

Take your business beyond

Schedule a free consultation and discover how the PMI platform can power your cross-border payment operations.

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