All news

CySEC will not accept new applications for CASPs

Deneo Partners··3 min read·Deneo Partners logoDeneo Partners
CySEC will not accept new applications for CASPs
![](https://deneopartners.com/wp-content/uploads/Cancelled-CASP-1024X576.jpg) [Licensing](https://deneopartners.com/category/licensing/) # CySEC will not accept new applications for CASPs By [Christina Panayi](https://deneopartners.com/author/c-panayi/)[No Comments](https://deneopartners.com/cysec-will-not-accept-new-applications-for-casps/#respond) The CySEC has announced that, from 17/10/2024 onwards, it will no longer accept applications for the registration of Crypto-Asset Service Providers (CASPs) in accordance with the provisions of National Rules, in view of the implementation of the Regulation (EU) 2023/1114 for Markets in Crypto-Assets on the 30th December 2024. To this end, a transitional period has been set under Article 143(3) of MiCAR. Specifically, CASPs that will be registered in the CASP Register before the 30th December 2024 will continue to provide their services, either until the 1st July 2026 or until they are granted or refused an authorisation pursuant to Article 63, whichever is sooner. It is further noted that the application documents pursuant to Article 62(1) of MiCAR will be published by the CySEC once the European Commission has issued the Regulatory and Implementing Technical Standards. Further to the above, CySEC will also cease to accept Notifications from entities registered with one or more European Economic Area (EEA) National Competent Authorities for the provision of crypto-asset services on the 30th of October 2024. Lastly, regulated entities that intend to provide crypto-asset services in the European Union equivalent to the services and activities for which they are authorised under the Investment Services and Activities and Regulated Markets Law of 2017 , or the Open Ended Undertakings for Collective Investment (UCI) Law of 2012 , or the Alternative Investment Fund Managers Law of 2013, should take into account the relevant provisions under Article 60 of MiCAR. [Read more](https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=3cb224b2-4044-40a2-968b-72cf5925f6a9) ## Request more information [Contact Us Now](https://deneopartners.com/contact/) **Cyprus:** 160 Archiepiskopou Makariou III Avenue, First Floor, 3026, Limassol, Cyprus Tel: +357 25249700 **Seychelles:** CT House, Office No. 9A, Providence, Mahé, Seychelles Tel: +248 4373840 **Mauritius:** Level 1, IconEbene 1, Reduit Road, Cybercity, Ebene. 72201, Mauritius Tel: +230 4686698 **Dubai:** 91 Sheikh Zayed Rd, Al Saqr Business Tower, Office 9, 29th Floor, Dubai, UAE Tel: +971 508231788 **OUR SERVICES** [Global Licensing](https://deneopartners.com/global-licensing/) [Compliance Services](https://deneopartners.com/compliance/) [Accounting, Audit, Tax](https://deneopartners.com/accounting-audit-tax/) [Legal & Corporate](https://deneopartners.com/legal-corporate/) [Advisory](https://deneopartners.com/advisory/) [Banking](https://deneopartners.com/banking/) ©2026 Deneo Partners \| [Privacy Policy](https://deneopartners.com/privacy-policy/) \| Powered by [Viral](https://viral.cy/) [Share](https://deneopartners.com/cysec-will-not-accept-new-applications-for-casps/#) [Share](https://deneopartners.com/cysec-will-not-accept-new-applications-for-casps/# "Share this") [Share](https://deneopartners.com/cysec-will-not-accept-new-applications-for-casps/# "Share this") [Share](https://deneopartners.com/cysec-will-not-accept-new-applications-for-casps/# "Share this") [Pin](https://deneopartners.com/cysec-will-not-accept-new-applications-for-casps/# "Pin this") [Close Menu](https://deneopartners.com/cysec-will-not-accept-new-applications-for-casps/#) We use cookies to ensure that we give you the best experience. [Read more.](https://deneopartners.com/privacy-policy/) ACCEPT Manage consent Close #### Privacy Overview This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the ... Necessary Necessary Always Enabled Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information. Non-necessary Non-necessary Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website. SAVE & ACCEPT
Share

This brief was generated from the original reporting. Read the full article at the source:

Read at deneopartners.com

More from Deneo Partners

Related coverage