MiCA era begins, Czech Republic announces cryptocurrency sovereignty

The Czech National Bank (CNB) is responsible for regulating cryptocurrency activities and enforces anti-money laundering/know your customers (AML/KYC) rules for virtual asset service providers under the Czech Gambling Act. Cryptocurrencies can be used for payments, but lack fiat currency status and tax policies are under review. The Czech Republic is aligned with the EU’s MiCA framework and has authorized more than 56 crypto asset service providers since September 2025. CNB's regulation supports a secure crypto environment that promotes Web3 innovation and economic growth.