<ul><li>The Cyprus Securities and Exchange Commission (CySEC) has frozen crypto asset service provider (CASPs) applications ahead of the European Union's transition to the Markets in Crypto-Assets (MiCA) regulations.</li><li>From October 17, CySEC will no longer accept CASP applications under national laws, and CASPs that register before December 30 can operate under the national jurisdiction until July 1, 2026, unless authorized under MiCA Article 63 before then.</li><li>CASPs will be subject to the European Commission's Regulatory Technical Standards and Implementing Technical Standards when MiCA regulations come into effect.</li><li>Interested parties can refer to the Draft Technical Standards issued by the European Securities and Markets Authority (ESMA) in the meantime.</li></ul>

Cyprus freezes crypto applications ahead of EU-wide MiCA transition

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