Regulatory Alerts2025-11-20
Added · Updated
Licence application for CASPs
Crypto Asset Service Providers (CASPs) must obtain a Payment Services Directive 2 (PSD2) licence or partner with a Payment Service Provider if they provide crypto-asset transfer or custodial services involving electronic money tokens (EMTs) on or after 1 March 2026. A transitional period until this date allows national supervisors to apply enforcement measures with restraint. Activities such as crypto-to-fund exchanges, crypto-to-crypto exchanges, and intermediation in crypto purchases remain explicitly outside the scope of PSD2.