The Cyprus Securities and Exchange Commission (CySEC) has announced that from today onwards applications for registration of Crypto-Asset Service Providers (CASPs) will no longer be accepted.
The move is in accordance with the provisions of National Rules in view of the implementation of the Regulation (EU) 2023/1114 for Markets in Crypto-Assets on 30 December 2024.
CySEC would like to remind that the Regulation has already been applied to issuers of Asset Reference Tokens (ARTs) and E-Money Tokens (EMTs) on 30 June 2024.
Therefore, a transitional period has been set under Article 143(3) of MiCAR.
Specifically, CASPs that will be registered in the CASP Register before 30 December 2024 will continue to provide their services until 1 July 2026 or until they are granted or…
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