How Swipelux Saved €60K and Accelerated VASP Licensing by Rethinking Their Legal Strategy
Swipelux, a leading fiat-to-crypto payment infrastructure, faced a choice: pay over €80,000 to a law firm for MiCA documentation—or build an in-house strategy. By hiring a compliance lead, engaging external risk oversight, and using legal experts only for review, Swipelux avoided generic templates, reduced costs by 70%, and submitted a high-quality, regulator-friendly VASP package.
With VASP looming, Swipelux needed to act. But most law firms offered one-size-fits-all documentation at a premium—€70–80K for templates reused across multiple exchanges. These generic policies often triggered regulator delays and required extensive revisions. Swipelux wanted something better: lean, credible, and tailored to their unique model.
“We spoke to top-tier firms and got the same proposal: high fees, templated output. It didn’t feel right—especially for something this strategic.”
Swipelux took a hybrid, hands-on approach:
Hired an internal compliance lead with real business context
Engaged an external risk officer to oversee policy drafting
Used law firms only for legal review and final submission
This method delivered precise documentation that reflected how the company actually worked—earning faster, more constructive feedback from the regulator.
Result
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Result 〰️
The Results:
Saved €60,000+ in legal fees
Faster regulatory response thanks to tailored, well-structured documentation
Clearer internal compliance ownership
More credibility with partners and investors
