News - 30.06.2026

Swissquote Bank Europe Obtains Luxembourg CASP License Ahead of MiCA Cutoff

  • FinTech

Swissquote Bank Europe SA has been granted a Crypto-Asset Service Provider (CASP) license by Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF). The authorization took effect on June 5th, just under a month before the July 1, 2026 deadline marking the end of the eighteen-month transitional period that opened on December 30, 2024. Beyond that date, providers still operating under legacy national frameworks (VASP) will no longer be permitted to offer crypto-asset services within the European Union without MiCA authorization.

share on

Swissquote Bank Europe, the Luxembourg-based subsidiary of Swiss banking group Swissquote, was in March 2021 the first online bank in the EU to integrate a cryptocurrency service into its investment account, and the first bank in Luxembourg to offer digital asset trading. It has since expanded that offering — now covering more than forty crypto-assets — and in early 2023 became the first Luxembourg bank authorized to act as a depositary for investment funds holding digital assets.

The roughly ten CASP licenses issued to date by the Luxembourg regulator reflect the strong interest of crypto players in a jurisdiction that moved early to establish a clear regulatory framework, backed by four successive Blockchain Laws adopted between 2019 and 2024.