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Regulation (EU) 2023/1114 Title V: Authorisation and Operating Conditions for Crypto-Asset Service Providers (CASPs)

This regulation requires any entity providing crypto-asset services (CASPs) in the EU to obtain authorization from a national competent authority (NCA).…

What Regulation (EU) 2023/1114 Title V: Authorisation and Operating Conditions for Crypto-Asset Service Providers (CASPs) requires

This regulation requires any entity providing crypto-asset services (CASPs) in the EU to obtain authorization from a national competent authority (NCA). As per Articles 67 and 68, CASPs must implement robust governance, prudential safeguards, segregate client assets, maintain effective custody policies, and establish transparent complaints-handling procedures, with all authorized providers listed in a public register maintained by ESMA.

Pillar: Crypto & Sovereign Finance · Authority: European Parliament and the Council of the European Union · Version: 1.0.0 · Last updated:

Primary source: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32023R1114

SHA-256 integrity: d9daefbf1a0728bdbadbb1b084be755a2532aa5df8a89d58777b53578a0cbf1d

Primary Citations — 7 traced to source

  • Regulation (EU) 2023/1114, Article 59: Scope of Title V
  • Regulation (EU) 2023/1114, Article 62: Application for authorisation

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