CySEC announces new requirement for Crypto-Asset Service Providers
02 Aug 2024
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On 30 July 2024, the Cyprus Securities and Exchange Commission (CySEC) issued Circular 654 addressed to CIFs, AIFMs, and UCITS Management Companies intending to offer crypto-asset services and providing an update following Circular 648.
CIFs, AIFMs, and UCITS Management Companies intending to offer crypto-asset services within the EU under Article 60 of Regulation 1114/2023 on markets in crypto-assets (MiCA), equivalent to the services and activities for which they already authorised, must now notify CySEC at authorisations@cysec.gov.cy by 9 August 2024.
CySEC’s Circular 654 can be accessed here.
Our recent blog post on CySEC’s Circular 648 can be found here.
If you are unsure whether the provisions of MiCA Regulation may apply to you, you can use our MiCA Assessment Tool to obtain a free preliminary assessment here.
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