This episode explores the intricate regulatory landscape facing crypto-asset service providers (CASPs) in the EU. While MiCAR provides a specific framework for crypto-assets, CASPs must also contend with existing financial regulations. MiFID II applies to tokenised securities and crypto derivatives, whilePSD2 governs electronic payment services related to crypto transactions.
DORA focuses on cybersecurity and operational resilience, mandating strong protections for CASPs. Furthermore, AML regulations, including the Travel Rule, require CASPs to collect and verify transaction data to prevent illicit activities.
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Published on 10 months, 3 weeks ago
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