How much can my company be fined under MiCA?
MiCA carries penalties of up to €5M or 3% of annual turnover (CASPs). This page breaks down every fine tier by article, explains who is at risk, and shows live enforcement examples.
Maximum fine
€5M
or 3% of annual turnover (CASPs) — whichever is higher
Source: Regulation (EU) 2023/1114
How MiCA penalties work
MiCA (Article 111) sets maximum administrative sanctions for crypto-asset service providers (CASPs), asset-referenced token issuers, and e-money token issuers. Periodic penalty payments of 3% of average daily worldwide turnover can also be imposed for sustained non-compliance. Member States may go beyond these floors.
Fine tiers by article
CASP violations — unlicensed operation, custody failures, market abuse
€5,000,000
or 3% of global turnover
Applies to:
- Operating as CASP without authorisation (Art. 59)
- Failure to segregate client asset custody
- Market manipulation or insider trading in crypto markets
- AML/CFT compliance failures
ART/EMT issuer violations — unlicensed issuance, whitepaper failures
€5,000,000
or 3% of global turnover
Applies to:
- Issuing ART or EMT without prior authorisation (Art. 16, 48)
- Whitepaper not compliant with Art. 17, 51 requirements
- Failure to maintain required own funds
Stacked exposure with other EU regulations
MiCA fines can stack with GDPR penalties where crypto-asset processing involves personal data, and with AML/CFT sanctions under the Anti-Money Laundering Regulation where applicable.
Calculate your stacked fine exposure →Frequently asked questions
What is the maximum MiCA fine?
The maximum MiCA fine for legal persons (companies) is €5,000,000 or 3% of annual turnover — whichever is higher. For natural persons (individuals), the maximum is €700,000. Member States can set higher limits than the MiCA minimum floors.
When did MiCA penalties start applying?
MiCA penalties for asset-referenced token and e-money token issuers applied from 30 June 2024. For crypto-asset service providers (CASPs), full penalties applied from 30 December 2024.
What is your stacked fine exposure across all EU regulations?
Calculate your combined risk across MiCA, GDPR, NIS2, AI Act, DORA, and more — free, no signup.
Open fine risk calculator — freeFor informational purposes only. This is not legal advice — consult qualified legal counsel for advice specific to your situation.
Last updated: