Companies category powered by

CySEC accepting CASP applications in accordance with MiCAR

Crypto-Asset Service Providers in Cyprus are now able to apply to the Cyprus Securities and Exchange Commission (CySEC) for a preliminary assessment for the EU’s Markets in Crypto-assets Regulation (MiCAR), CySEC has announced.

"For further information you can find the relevant announcement here," the announcement notes.

The decision by CySEC to implement a preliminary examination phase for MiCAR, also allows its authorised entities to notify the Regulator of their intention to provide crypto-asset services. Application and notification forms are available on CySEC’s website.

“This initiative is designed to ensure a smooth transition to MiCAR which represents a major step forward for the protection of investors in financial markets,” commented CySEC Chairman, Dr George Theocharides.

The decisions for granting/refusing authorisation or as to the completeness of a notification will be made by CySEC following MiCAR’s application for CASPs on 30 December 2024, the announcement concluded.

Read More

Parklane, a Luxury Collection Resort & Spa hosts historic visit by Indian Prime Minister
The top-20 airlines by passenger numbers in 2024
F.O.C. Family Office Connect Cyprus officially launches in Limassol (pics)
Reimagining the future of media: Cyprus media CEOs and ad directors take the stage
Marketing on fire: 5 power stages that will shape the future of advertising
Fortsafe launches its first secure vault in Paphos
What is tokenization and why Mastercard is phasing out manual card entry
Larnaka Airport ranked among Europe’s best according to ACI Europe
Transforming maritime and business services: Intellar and Uniteam Group set the course for a smarter future
Capacitor Partners becomes an Authorised Partner for Zoho Projects in Cyprus