MiCA Defined Terms

Qualifying Holding

A direct or indirect holding in a CASP representing 10% or more of the capital or voting rights.

Definition

A qualifying holding is any direct or indirect holding in a CASP that represents 10% or more of the capital or voting rights, or makes it possible to exercise a significant influence. Acquisitions crossing the 10%, 20%, 30%, or 50% thresholds trigger MiCA Article 83 notification requirements.