
CySEC grants Unlimit's CASP license under MiCA, enabling passporting across all 27 EU member states. CEO Irene Skrynova says the single standard replaces years of navigating distinct rules market by market.
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Global payment infrastructure firm Unlimit has obtained a Crypto-Asset Service Provider license under the EU's Markets in Crypto-Assets Regulation, allowing it to offer regulated digital-asset services across all 27 member states under a single authorization.
The Cyprus Securities and Exchange Commission granted the CASP license to Unlimit Crypto, formerly Stable Defi Ltd, the company said. The authorization carries full passporting rights, meaning Unlimit can serve clients across the bloc without pursuing individual national licenses in each jurisdiction.
MiCA took full effect on July 1, 2026, after national transitional periods expired. Only authorized CASPs may legally serve clients in the European Economic Area under the harmonized framework.
Irene Skrynova, CEO of Global Payments at Unlimit, said the license replaces what she described as years of navigating distinct rules market by market. "A single standard now applies," she said.
Unlimit was founded in 2009 and is headquartered in San Francisco and London, with 17 offices globally. Its payment infrastructure reaches more than 180 countries and connects with local payment systems. The company already holds an electronic money institution license in Cyprus.
Hundreds of firms have secured CASP status under MiCA, with activity concentrated in a few jurisdictions. Other firms have exited or scaled back operations during the transition.
Unlimit has pursued partnerships focused on merchant checkout tools and cross-border payment expansion in recent months. The CASP license lets it combine traditional payment services with regulated crypto-asset activities under one roof.
The firm's stock page is GPN.
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