Regulatory Alerts2024-07-31 | C654Notification of crypto asset services under article 60 of MiCA
The Cyprus Securities and Exchange Commission requires regulated entities, including CIFs and investment firms, to notify their intention to provide crypto-asset services under Article 60 of MiCA. This notification must be submitted to authorisations@cysec.gov.cy by 9 August 2024 for entities seeking Union equivalence with existing EU authorizations. Entities requiring assistance should contact the Authorisations Department directly.
To : Regulated Entities i. CIFs ii. UCITS Management Companies iii. AIFMs From : Cyprus Securities and Exchange Commission Date : 30 July 2024 Circular No : C654 Subject : Notification of crypto asset services under article 60 of MiCA Further to CySEC Circular C648, the entities that intent to provide crypto-asset services in the Union equivalent to the services and activities for which they are authorised under relevant EU law under MiCA (see article 60 of MiCA for a detailed overview), must also submit their intention at authorisations@cysec.gov.cy. The information must be submitted by the 9 th of August 2024. Should you need any assistance or clarifications in relation to the above please contact the Authorisations Department of CySEC at authorisations@cysec.gov.cy. Thank you in advance for your cooperation. Sincerely, Dr. George Theocharides Chairman Cyprus Securities and Exchange Commission