MiCA Article 67
Free up your reserved capital under MiCA
We place Article 67(4)(b) prudential safeguard insurance through Lloyd's syndicates and A-rated carriers, so you can replace reserved funds with an insurance policy your regulator will accept.
Supported By
The Requirement
Your capital is locked up. It doesn't have to be.
Under Article 67(5), every licensed CASP must hold prudential safeguards: the higher of your fixed overhead requirement or a quarter of prior-year revenue. Most firms lock up cash. But Article 67(4)(b) lets you replace those reserves with an insurance policy. The carriers exist. The product exists. The challenge is navigating the specialist market fast enough to matter. That's what we do.
How It Works
Policy placed in 1 week
Assess Your Position
We review your licence status, NCA requirements, and current reserved funds to scope the right policy.
Structure the Policy
We work with Lloyd's brokers to design coverage that matches Article 67(4)(b) requirements, including the risk categories your NCA expects.
Carrier Placement
We go to our network of Lloyd's syndicates and A-rated carriers with your risk profile. No cost to you. We're paid by the brokers.
Policy Bound
You receive an endorsement policy your NCA will accept, replacing your cash reserve requirement with insurance coverage.
No upfront cost. We're compensated through broker commission.
FAQ
Common questions
Will my regulator accept this?
The policy is structured as an endorsement to a standard professional indemnity policy, covering the specific risk categories in Article 67. We work with Lloyd's brokers who have placed similar policies in traditional finance. The structure is proven.
What about retention and deductibles?
Every policy has a retention (the amount you cover before insurance kicks in). We structure these to be reasonable relative to your safeguard amount, typically 10-15%. Your NCA may require you to hold this portion in reserves.
How much does it cost?
Premiums typically run 2-4% of the coverage amount annually. For a €350K safeguard, that's roughly €7K-14K per year, far less than the opportunity cost of locking up that capital.
Which NCAs have you worked with?
We're currently working with CASPs regulated by multiple EU national competent authorities. Each NCA interprets Article 67 slightly differently, which is exactly why we tailor each policy to your specific jurisdiction.
Why Mintara
Built for this specific problem
Specialist focus
We only do one thing: Article 67(4)(b) prudential safeguard insurance for MiCA-licensed CASPs. Every conversation, every policy, every carrier relationship is built around this.
Carrier access
We work with Lloyd's syndicates and specialist carriers like Relm and Evertas who actually understand crypto custody risk, not generalist insurers who will say no.
No cost to you
We're compensated through broker commission on the policy. You pay the premium to the insurer. We don't charge you anything on top.
Get Started
Book a call
30 minutes. We'll assess your position and tell you exactly what's possible.