Crypto‑Asset Licence in Slovenia
The draft “Act on the Implementation of the EU Regulation on Markets in Crypto‑assets” (the Act) creates the national framework that makes the EU MiCA Regulation enforceable in Slovenia. It designates Slovenian supervisory bodies, defines their powers, sets out offences and fines, and ties national procedures (e.g. appeals, inspections, fees) to the MiCA rule‑book.
Because the transitional window closed in December 2024, newcomers and existing businesses alike must meet the full MiCA licensing standard before engaging in any crypto‑asset activity in Slovenia. Prepare a complete MiCA dossier, budget for upcoming national fees, and expect your supervisor to decide within six months once your application is complete.
A licence from a Slovenian authority is compulsory if a start‑up intends to:
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Provide any MiCA crypto‑asset service (exchange, custody, transfer, portfolio management, advice, placing, operating a trading platform, etc.);
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Offer to the public or seek trading admission for an asset‑referenced token (“stable‑coin” backed by reserves);
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Offer or admit to trading an e‑money token;
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Offer or admit to trading any other crypto‑asset that does not fall into the two categories above.
Credit institutions already licensed under banking law are exempt from having to obtain a second MiCA licence but must still follow MiCA disclosure and notification rules.
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Agency for the Market of Securities (ATVP) – grants or withdraws licences for crypto‑asset service providers and for issuers of asset‑referenced tokens; confirms crypto‑asset whitepapers; exercises day‑to‑day supervision in those areas.
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Bank of Slovenia (BoS) – supervises e‑money‑token issuers and related custody/transfer services; receives their notifications.
ATVP must obtain BoS’s opinion when the applicant is a credit institution.
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Classify the planned activity (service provider, asset‑referenced‑token issuer, e‑money‑token issuer, or “other” crypto‑asset issuer).
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Prepare the MiCA‑compliant application (programme of operations, governance and control framework, financial resources, draft whitepaper where relevant, policies for conflicts/outsourcing/AML/market integrity, fit‑and‑proper evidence for management).
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File the dossier with ATVP or BoS, as applicable.
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Regulatory review – the authority may request clarifications and, where necessary, consult the other authority.
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Statutory decision deadline – if no decision is issued within six months of receiving a complete application, the applicant may seek judicial protection.
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Fees – an application fee and an annual supervisory levy are payable; specific amounts will be set in secondary tariff regulations adopted by each authority.
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Commence the activity only once the licence (or, for issuances, the whitepaper confirmation) has become effective.
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Licensed firms must maintain the capital, reserve, governance, disclosure, redemption‑right and market‑integrity standards laid down in MiCA, and must file periodic reports and ad‑hoc notifications with their Slovenian supervisor.
ATVP and BoS may demand information, carry out on‑site inspections, impose corrective measures, order asset freezes or temporary professional bans and, in serious cases, refer matters for administrative‑offence proceedings or criminal investigation.
Behind Licentium
Our Edge
Licentium is a specialized platform that connects crypto-asset issuers and service providers with an international network of lawyers, regulatory consultants, and former supervisors. Projects can map applicable rules in key jurisdictions through a single interface, obtain jurisdiction-specific launch advice, arrange the drafting of white papers and licensing applications, and schedule ongoing compliance health-checks. The platform’s curated expert pool spans financial services, data protection, and corporate law, enabling founders to address cross-border requirements—from MiCA in the EU to securities, AML, and consumer-protection regimes elsewhere—within coherent project timelines and budgets.
