CYP SEC Crypto-Asset Services


On Jun. 26, CYP SEC issued questionnaire on crypto-asset services.


  • CYP SEC issued notification containing a questionnaire for regulated entities relating to their plans under MiCA regulation and whether they intend to provide crypto services.
  • Under MiCA, certain financial entities will have option to provide crypto-asset services equivalent to services and activities for which they are authorized under EU law.
  • CYP SEC will use responses to the questionnaire to understand to what extent firms with a relevant authorization are planning to provide crypto-asset services.
  • Effectiveness
  • Respondents are requested to submit answers to questionnaire by Jul. 26, 2024.

Regulators CYP SEC
Entity Types IA; Inv Co
Reference Cir C648, 6/26/2024; MiCA Reg 2023/1114
Functions Compliance; Financial; Legal; Operations; Registration/Licensing; Reporting; Risk; Treasury
Countries Cyprus
Category
State
Products Cryptocurrency; Fund Mgt
Regions EMEA
Rule Type Final
Rule Date 6/26/2024
Effective Date 7/26/2024
Rule Id 217330
Linked to N/A
Reg. Last Update 6/26/2024
Report Section EU

Last substantive update on 07/01/2024