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.
The EU’s Markets in Crypto-Assets Regulation (Bulgaria)
On 15 May 2025 Bulgaria’s National Assembly approved the Government-sponsored Markets in Crypto-Assets Bill (CAMA) at first reading. The draft transposes EU Regulation 2023/1114 (MiCA), the funds-transfer “travel-rule” and digital-operational-resilience requirements into national law, establishing a harmonised framework for the issuance, public offer and trading of crypto-assets. It grants crypto-asset service providers operating before 31 December 2024 a grace period up to 31 December 2025 to meet the new standards.
The Financial Supervision Commission becomes the licensing and oversight authority for most CASPs and token issuers, while the Bulgarian National Bank is tasked with monitoring electronic-money token issuers.
After clearing the Budget and Finance Committee earlier in May, the bill now proceeds to detailed second-reading debates; lawmakers expect final adoption and promulgation before the summer recess, positioning Bulgaria to have a fully MiCA-compliant regime in force by late 2025.
