Cross-Border & Passport
Third-Country Firm
A non-EU crypto-asset service provider — generally must obtain EU authorisation to serve EU clients, with reverse solicitation exception.
Definition
A third-country firm is a non-EU CASP. Cannot serve EU clients via direct outbound marketing — MiCA generally requires EU authorisation. Reverse solicitation (where the EU client initiates the contact) is the principal exception, narrowly applied per Article 61.
Regulatory citation