Norwegian consultancy Cointegrity built Micahub for companies seeking MiCA authorisation in the EU/EEA. The platform covers the full process — from application to compliance. Now it is eyeing other frameworks and markets, including the UAE and UK.
MiCA — Markets in Crypto-Assets — is the EU/EEA framework governing crypto-assets and crypto-asset services. Norwegian consultancy Cointegrity built the application and resource platform Micahub for companies working through the process of obtaining a MiCA licence in the EU/EEA. Although the transition window for existing VASPs has largely closed, new applicants continue to arrive — particularly banks and companies based outside Europe — while those already authorised must manage ongoing compliance and a framework still being refined.
"The idea is that you should be able to go from knowing nothing about MiCA to having submitted an application, all in one place. Most of the information resources are free, while the agentic data room is a template-based framework that, with AI support and a comprehensive database, lets companies handle more of the process themselves while reducing the need for ongoing legal counsel."
Torstein Thinn, Chairman and Co-founder, Cointegrity
Micahub is a free resource site with in-depth articles and guidance on the MiCA framework, as well as a weekly-updated register of MiCA-registered companies. It includes country guides for all 30 EEA jurisdictions, a CASP licence guide and dedicated guidance for companies navigating the transition from VASP to CASP — the older and newer designations for crypto-asset service providers — by member state. The site also covers regulatory edge cases such as copy trading, decentralised finance (DeFi), non-fungible tokens (NFTs) and reverse solicitation, where a customer approaches a foreign provider on their own initiative.
A free self-assessment tool lets companies determine whether they fall within the scope of MiCA and therefore need a licence. According to Thinn, the need for such clarity was underestimated: classification questions came from crypto exchanges and consultancies alike, and the answers depended on a range of specifics in each business model.
At the core of the platform is the application generator. For companies that need to apply for a licence, Micahub offers what Cointegrity calls an agentic data room — a tool in which artificial intelligence reviews existing documentation and proposes changes, while also drawing on a template library that is tailored to the client where documentation does not yet exist. This includes the preparation of MiCA-compliant whitepapers for token projects. Cointegrity states that the cost of the process via Micahub has ranged from 30,000 to 100,000 euros over four to eight weeks, compared with 150,000 to 500,000 euros and six to twelve months through a traditional law firm. The figures are the company's own.
The tool is also available as a white-label solution for law firms, which can brand the client interface while Cointegrity provides the underlying technology. Reception has been mixed: some firms see an opportunity to handle more clients per consultant, while others are sceptical because the model challenges a business logic built on hourly billing.
Micahub includes a register of MiCA licences in the EU/EEA that mirrors data from the European Securities and Markets Authority (ESMA) and is updated weekly. The register distinguishes between authorised CASPs, issuers of asset-referenced tokens (ARTs) and e-money tokens (EMTs), and companies that have not been approved.
Cointegrity is now developing a paid service for ongoing compliance monitoring, with an API component designed to deliver real-time updates on regulatory changes and interpretations from ESMA and national supervisors, as well as flagging companies that have not been approved. The service targets compliance teams at crypto-asset service providers and banks that have already obtained a licence.
New companies looking to establish themselves in the EU/EEA will continue to apply for MiCA authorisation, and enquiries to Cointegrity are increasingly coming from outside Europe — particularly from the UK, the US and the United Arab Emirates. Because the system underlying Micahub is modular, Thinn sees scope to adapt it to other frameworks such as those in the UAE and UK, where much of the content overlaps with what the company has already built for MiCA.
Sources: Interview with Torstein Thinn (Cointegrity), Micahub, ESMA.
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