Crypto custody providers across Europe are facing increased scrutiny as regulators focus on protecting digital assets and strengthening market stability.
The European Securities and Markets Authority has launched a Common Supervisory Action on the digital operational resilience of crypto-asset service providers, with a specific focus on custody services.
The exercise will assess the maturity of authorised CASPs’ digital operational resilience frameworks in relation to custody activities.
National competent authorities will conduct a risk-based review of a sample of authorised crypto-asset service providers.
The exercise will run from the second half of 2026 to the first half of 2027.
ESMA…
