CySEC outlines new regulatory requirements for crypto-asset service providers

The Cyprus Securities and Exchange Commission (CySEC) issued guidance regarding the EU Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) standards for crypto-assets. Following the conclusion of the transition period, firms must be authorized as MiCA-compliant Crypto-Asset Service Providers (CASPs) to operate within the European Union. CySEC anticipates significant structural shifts as unauthorized providers exit the market and customers migrate to authorized platforms. CySEC chairman George Theocharides emphasized that crypto-assets are increasingly integrating with traditional financial ecosystems, representing a permanent structural transformation rather than a temporary trend. These updates were discussed at the Digital Assets and the Future of Finance Summit 2026, held at City of Dreams. Additionally, CySEC officials contributed technical expertise to Council working groups throughout Cyprus’ six-month EU Presidency, which ended on June 30, 2026. Separately, a new fashion discovery app was launched in London, though the primary financial focus remains on the implementation of the MiCA regulatory framework.