Regulatory Alerts2025-06-10 | NBB_2025_07Added · Updated
Guidelines of the European Supervisory Authorities on MiCAR and the expectations of the National Bank of Belgium
The document outlines European Supervisory Authorities' guidelines on crypto-asset classification, security protocols, liquidity stress testing, recovery and redemption plans, governance, and suitability assessments for issuers and crypto-asset service providers. It specifically requires credit institutions, electronic money institutions, and stockbroking firms to notify the National Bank of Belgium at least 40 working days before providing crypto-asset services for the first time, while expecting advance notification during ongoing supervision to address prudential risks.