BMP Global offers a turnkey solution to register a VASP in Bulgaria - one of the most attractive options during the pre-MiCA regulatory window.

Virtual Asset Service Provider (VASP) Licensing in Bulgaria

Fast, Cost-Effective and Low Complexity Entry to the Licensed Crypto Operations

From 3 to 4 weeks.

Fully remote setup and management.

Non-resident executives accepted.

Simplified compliance and reporting.

European jurisdiction.

Bulgaria remains in a pre-MiCA stage, operating under national anti-money laundering rules without full MiCA implementation yet. This enables a simpler, faster, and more cost-effective VASP registration compared to other EU countries with complex licensing regimes.

Pre-MiCA Opportunity

Favorable Timing

Fast Market Entry

Why Choose Bulgaria for Your Crypto Business?

The current regime is expected to stay in place at least until end of 2025, with a likely transition period extending into 2026. Early registration secures your operational base before stricter MiCA requirements take effect.

Company setup and VASP registration can be completed within 3 to 4 weeks, allowing you to quickly launch crypto services and engage with banking providers that recognize Bulgarian-registered VASPs.

Buying and selling virtual assets for fiat currencies (e.g., crypto-to-EUR, crypto-to-USD). Exchanging one virtual asset for another (crypto-to-crypto exchange).

Exchange Services

Wallet Services (Custody)

Transfer Services

Brokerage Services

Advisory Services

Key Activities Permitted under VASP Bulgaria

Safekeeping of virtual assets on behalf of clients. Managing private cryptographic keys used for holding, storing, or transferring crypto-assets.

Conducting or facilitating transactions involving the transfer of virtual assets from one address or account to another.

Acting as an intermediary to execute orders related to virtual assets on behalf of clients.

Providing advice related to investing, exchanging, or using virtual assets (this is more flexible, but must be aligned with AML rules if offered).

Crypto Payment Services

Facilitating the acceptance of payments in virtual assets for goods and services.

Our Turnkey Services Include:

Full company registration in Bulgaria, corporate structuring, and nominee services (if required).

Preparation and filing of the VASP registration with the Bulgarian authorities under current AML laws.

Drafting of essential internal policies: AML/CTF procedures, risk management policies, and operational guidelines tailored to crypto businesses.

Non-resident executive options, board structuring, and operational workflows — all fully manageable remotely.

Assistance with regulatory filings, compliance maintenance, reporting obligations, and transition planning toward full MiCA compliance.

Why Register a VASP in Bulgaria?

Compared to full CASP licensing under MiCA, Bulgarian VASP registration is quicker and significantly more affordable.

Fast Setup & Low Cost

Simplified Compliance

Easy operational and reporting requirements under current Bulgarian AML legislation.

Early VASP registration creates a strong base for smooth migration to full MiCA licensing later.

Positioned for MiCA Transition

Flexible Management

No local director requirement; non-resident management and ownership structures are permitted.

Be First - Build Your Crypto Business in Bulgaria

Seize the pre-MiCA window and jump-start your crypto operations with minimal barriers. Contact BMP Global today to register your VASP in Bulgaria in just 3-4 weeks and secure your position in the growing European market

Find out which license best suits your business model and explore opportunities to combine it with other financial licenses to create a comprehensive crypto-fiat payment ecosystem under a multi-license framework.

Other licensing and solution options

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