ESMA_QA_2344
Topic
Crypto-Asset Service Provider (CASP)
15/11/2024
Subject Matter
Audit / certification of CASP financial statements
Question
Are CASPs required to get their financial statements audited on an annual basis in order to calculate their own fund requirements?
Level 1 Regulation
MiCA
ESMA_QA_2343
Topic
Crypto-Asset Service Provider (CASP)
15/11/2024
Subject Matter
Minimum capital requirements for CASPs
Question
What are the minimum capital requirements applicable to CASPs providing (i) only crypto-asset services listed under either Class 2 or Class 3, or (ii) providing crypto-asset services listed under Class 1 and Class 3 of Annex 4 of MiCA?
Level 1 Regulation
MiCA
ESMA_QA_2653
Topic
Crypto-Asset Service Provider (CASP)
08/11/2024
Subject Matter
How to distinguish between different execution services
Question
How should the crypto-asset services of ‘exchange of crypto assets for funds’ or ‘exchange of crypto assets for other crypto assets’ (Article 3(1)(16c and d respectively) of MiCA), ‘execution of orders for crypto-assets on behalf of clients’ (Article 3(1)(16e), and ‘reception and transmission of orders for crypto-assets on behalf of clients’ (Article 3(1)(16g)) be distinguished from one another?
Level 1 Regulation
MiCA
ESMA_QA_2320
Topic
Crypto-Asset Service Provider (CASP)
01/11/2024
Subject Matter
Clarification on Withdrawal Requirements under Article 75 of MiCA for CASPs
Question
I seek clarification regarding the obligations of Crypto-Asset Service Providers (CASPs) under Article 75 of the Markets in Crypto-Assets Regulation (MiCA) concerning the ability for customers to withdraw specific crypto assets. Specifically, does Article 75 require CASPs to enable customers to withdraw every cryptocurrency offered for trading on the platform? For example, if a cryptocurrency exchange allows customers to trade Dogecoin but faces technical limitations in facilitating direct Dogecoin withdrawals, would it suffice to offer a conversion option, allowing customers to exchange Dogecoin for Bitcoin, Ethereum, or fiat currency, which they can then withdraw?
Level 1 Regulation
MiCA
ESMA_QA_2295
Topic
Crypto-Asset Service Provider (CASP)
02/10/2024
Subject Matter
Status of entities providing crypto-asset services as part of the grandfathering regime
Question
Are Crypto-asset service providers that provided their services in accordance with applicable law before 30 December 2024 and which are authorised to continue to do so under the law of a Member State in accordance with Article 143 of MiCA, considered to be crypto-asset service providers under the terms of MICA during the transitional period until they are authorised?
Level 1 Regulation
MiCA