CySEC stops accepting new applications for Crypto-Asset Service Providers
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…