ESMA_QA_2550
28/05/2025
Subject Matter
Payouts in fiat currency by CASPs in the context of exchange services
Original question
Should the business model whereby a crypto-asset service provider (CASP) provides exchange services but only ever allows clients to collect their balance in fiat currency be allowed?
Status: Forwarded to EC/Public Consultation/Other
Additional Information
Level 1 Regulation
MiCA
Additional Legal Reference
Article 75 of MiCA
Topic
Crypto-Asset Service Provider (CASP)