French Regulator's Acceptance of CASP Applications Prior to MiCA Rollout
Friday, 2 August 2024, 21:36
Introduction
The French financial regulator is currently accepting applications for CASP as it prepares for the upcoming rollout of the MiCA regulation.
Key Points
- CASP applications are now being accepted as part of the regulatory framework.
- The MiCA regulation aims to increase compliance among crypto service providers.
- This step is crucial for enhancing transparency and investor protection in the crypto space.
Conclusion
With the acceptance of CASP applications, the French regulator is taking significant action toward establishing a robust legal framework. This initiative signals a larger shift in how digital assets will be governed, ensuring that all service providers adhere to strict guidelines.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.