#112: MiCA Compliance in Europe.. What you NEED to know

MiCA's transitional deadline closed on July 1st, 2026.Some of the biggest names in the industry lost the ability to serve European clients overnight.But one jurisdiction rose to become a MiCA licensing hub: Malta.It's now ranked 4th for CASP (Crypto Asset Service Providers) authorizations, and 2nd for Other Crypto Assets.In this episode, we spoke with Joseph Axisa, Managing Partner at Axis, a MiCA advisory practice based in Malta, working with some of the industry's most recognisable names, including Arbitrum DAO, Rain, Ether.Fi, Rhinofi, and Legion.cc ✅ OUR RESOURCES🌐 Join a global community of web3 accounting & finance professionals - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.onchainfinanceinstitute.com/courses⁠⁠⁠⁠⁠🤓 Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting - ⁠⁠⁠⁠⁠https://www.onchainfinanceinstitute.com/free-class⁠⁠⁠⁠⁠🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto - ⁠⁠⁠⁠⁠https://www.onchainfinanceinstitute.com/crypto-accounting-academy⁠⁠⁠⁠⁠💎 Join the next cohort of the Crypto Treasury Management Academy and learn how to optimize, allocate and protect your organization's treasury - ⁠⁠⁠⁠⁠https://www.onchainfinanceinstitute.com/crypto-treasury-management-academy⁠⁠⁠⁠⁠✅ EPISODE SPONSOR💰 The full-stack OS for Web3 businesses using Kryptos and 10% off (Code OCF10) - ⁠⁠⁠⁠⁠⁠⁠⁠https://kryptos.io/?via=ocf-institute⁠⁠⁠⁠⁠✊ Follow The Accountant Quits on Socials👉 LinkedIN: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/school/ocf-institute⁠⁠⁠⁠⁠⁠👉 Twitter(X): ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://x.com/ocfinstitute⁠⁠⁠👉 YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@theaccountantquits⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 🎙️ Follow Episode Guest Joseph Axisa: https://www.linkedin.com/in/joseph-axisa-1b86141b4/🎧 WebsiteFor show notes and past guests, please visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.theaccountantquits.com/podcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Topics covered:(0:00) Coming Up(2:56) Joseph’s story into digital assets(6:30) Overview of Axis services(8:16) How companies navigated MiCA compliance(11:55) Choosing Malta for MiCA compliance(17:48) Filing requirements post MiCA licence(19:19) Submitting a MiCA whitepaper(25:23) Common objections from regulator(27:45) Get 10% off with Kryptos subledger(29:10)  Title II whitepaper & Other Category (31:57) Do all  L1 & L2s need MiCA licence(32:44)  PSD2 and EMD2 v/s MiCA for payment platforms(37:29) Interpreting onchain actions and smart contracts for MiCA(39:56) Etherscan as a  passive front-end(42:46) Decentralization exemption under  Recital 22(45:17)  DeFi protocols and MiCA(47:14) Reverse solicitation v/s direct solicitation(49:47) Onchain vaults don’t trigger MiCA, but AIFMD(57:53) How Axis Advisory uses AI (01:04:00) Closing thoughts(01:05:09) Favourite quote(01:05:57) How to reach out to Joseph & Axis