|
By Adrien PIERRE, Partner, Banking Finance Elena MOUZAKI, Associate, Banking Finance, Loyens Loeff Luxembourg
With the expiry of the transitional regime for virtual asset service providers on 1 July 2026, the Markets in Crypto-Assets Regulation (MiCAR) is now fully operational as the EU’s harmonised framework for crypto-asset services. Firms seeking to provide crypto-asset services must either obtain a CASP authorisation or, where eligible, rely on a simpler notification regime to extend an existing regulated licence.
Early interactions with the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) show that, irrespective of the route chosen, significant...
|