Market access
One authorisation lets a provider offer crypto-asset services across the EEA, instead of licensing country by country.
MiCA: one EU rulebook
for crypto-assets
The Markets in Crypto-Assets Regulation, Regulation (EU) 2023/1114, sets a single, harmonised set of rules for crypto-asset services across the European Economic Area.
What is MiCA?
MiCA is the EU framework that sets common rules for crypto-asset services, covering licensing, transparency, consumer protection and compliance standards. It replaces a patchwork of national regimes with one rulebook that applies across the EEA.
Investor protection
Clear standards for disclosure, fair conduct and the safeguarding of client assets.
Market integrity
Controls for conflicts of interest, complaints handling, operational resilience and market abuse.
How we operate under MiCA
Within the EEA, crypto-asset services under The Vault brand are provided by Tria Bridge Ltd, authorised and regulated by CySEC as a Crypto-Asset Service Provider under MiCA.
- Licence No.
- 013/24
- Licence granted
- 29 June 2026
- CASP registration
- Since 14 May 2024
- Regulator
- Cyprus Securities and Exchange Commission (CySEC)
Why a MiCA licence matters
- 01 Regulatory trust A MiCA authorisation shows a provider operates under recognised EU rules and ongoing supervision.
- 02 Clear legal structure Defined, EU-wide rules instead of fragmented national requirements.
- 03 EEA market reach One authorisation supports crypto-asset services across the European Economic Area.
- 04 Higher compliance standards Mandatory transparency, risk management, client protection and operational security.
Frequently asked questions
Who needs to be authorised under MiCA?
Firms providing crypto-asset services to clients in the European Economic Area must be authorised as a Crypto-Asset Service Provider (CASP), unless a specific exemption applies.
Which crypto-assets does MiCA cover?
MiCA covers crypto-assets that are not already regulated as financial instruments, including asset-referenced tokens, e-money tokens and other crypto-assets such as utility tokens.
How does MiCA protect crypto-asset holders?
A CASP must segregate client crypto-assets and funds from its own, safeguard them so they can be returned to clients, provide clear disclosures and operate a complaints procedure, all under ongoing regulatory supervision.
Can a MiCA authorisation be used across the EU?
Yes. Once authorised in one member state, a CASP can passport its services across the EEA after notifying the relevant authorities, so a single authorisation covers the whole area.
Does MiCA remove the risk of crypto-assets?
No. MiCA sets conduct, disclosure and safeguarding standards, but it does not remove market risk. Crypto-assets remain volatile and their value can fall as well as rise.
What role does compliance play under MiCA?
MiCA covers authorisation, AML controls, safeguarding of assets, disclosure, complaint handling and ongoing supervision by the competent authority.