A permit from the NBS will be required for the following crypto-asset services:

1. providing custody and management of crypto-assets on behalf of clients
2. operating a trading platform for crypto-assets
3. exchanging crypto-assets for funds
4. exchanging crypto-assets for other crypto-assets
5. executing orders relating to crypto-assets on behalf of clients
6. placing crypto-assets
7. receiving and transmitting orders relating to crypto-assets on behalf of clients
8. providing advice on crypto-assets
9. providing portfolio management of crypto-assets
10. providing crypto-asset transfer services on behalf of clients

  Definitions of individual crypto-asset services can be found in Art. 3(1) of the MiCA.