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TVTG (Liechtenstein) or direct MiCA CASP?
Decide whether to start in Liechtenstein under the TVTG (Token Container Model) โ pairing it with an FMA-issued MiCA CASP for EU passporting โ or apply directly for MiCA CASP in a Member State. Trade-offs in time, cost, and operational complexity.
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Are you EU-headquartered or already EU-resident, OR do you need a fresh European base?
๐ก TVTG is great for non-EU founders building European reach from scratch. EU-resident teams often have a closer Member-State NCA that's just as fast.