Tag Archives: PSAP

This tag is used to collect information on CASP-related license applications, regulatory requirements, applicable business scenarios, and compliance paths.

Knaken, an unlicensed Dutch trading platform, goes bankrupt: failure of customer asset segregation and the boundaries of CASP licenses.
Knaken, an unlicensed Dutch trading platform, goes bankrupt: failure of customer asset segregation and the boundaries of CASP licenses.

Dutch prosecutors seized €220 million in crypto assets from the unlicensed platform Knaken, while clients had invested over €1,000 million. The shortfall stemmed from the lack of segregation of client assets, highlighting the necessity of a CASP license for protecting client assets.

17
June
Ireland has launched its first national anti-money laundering strategy, which will strengthen the review of transactions involving private crypto wallets.
Ireland has launched its first national anti-money laundering strategy, which will strengthen the review of transactions involving private crypto wallets.

Ireland released its first national anti-money laundering strategy on August 13, 2026, placing CASP at the core of its compliance obligations. The new regulations require enhanced scrutiny of transfers involving private wallets and strengthened due diligence on dealings with overseas crypto companies, based on the FATF Travel Rule. Ireland's 12-month MiCA transition period has ended, and obligations now fall directly on authorized institutions; EU

16
June
Mastercard's $18 billion acquisition of BVNK: MiCA, CASP, and EMI licenses become core assets.
Mastercard's $18 billion acquisition of BVNK: MiCA, CASP, and EMI licenses become core assets.

Mastercard completed its acquisition of stablecoin payments company BVNK for up to $18 billion on August 3, 2026, several months ahead of the originally scheduled end of the year. The actual target of the transaction was not technology or customers, but rather BVNK's Malta MFSA.

15
June
Binance's policy shift on cross-border law enforcement data access under the EU MiCA/GDPR framework: MLAT programmatic cooperation and the privacy compliance dilemma of licensed institutions
What has Binance's information disclosure page revealed so far? First, let's look at the official statements regarding the law enforcement request and court order.

As of August 13, 2026, the key points that Binance's existing public pages can reliably verify are not the "shift in cross-border enforcement policy under the EU MiCA/GDPR framework," but rather its open cooperation process with governments and law enforcement agencies: Binance's law-enforcement guidelines state that law enforcement agencies can submit evidence requests through the official request system; when user information disclosure is involved, the platform requires valid court documents.

11
June
EU MiCA enforcement: Binance app removed from Google Play in certain regions; app distribution channels become compliance screening tools for unauthorized CASPs.
Binance is experiencing changes in Google Play visibility in some EU markets: a more solid conclusion is regional service contraction, rather than directly attributing app changes to MiCA enforcement.

Based solely on currently verifiable public statements, a more reliable explanation is: Given Binance's withdrawal of its Greek MiCA application and the resulting account impact notifications for some EU users, Cointelegraph reported changes to the visibility of the Binance Android app on Google Play in certain EU markets. A Binance spokesperson attributed this to...

11
June
South Africa's Treasury and Reserve Bank jointly released a draft "Crypto Asset Handbook": A comprehensive analysis of the FSCA-licensed CASP cross-border crypto transaction reporting framework.
South Africa's Treasury and Reserve Bank jointly released a draft "Crypto Asset Handbook": A comprehensive analysis of the FSCA-licensed CASP cross-border crypto transaction reporting framework.

On August 3, 2026, the South African Treasury and Reserve Bank jointly released a draft of the "Crypto Asset Handbook," which for the first time incorporates cross-border crypto transactions into the foreign exchange control framework. The draft introduces a three-tiered CASP (Crypto Asset Transfer Service) classification system, clarifies the definition of cross-border trigger points, sets a minimum capital threshold of R5 million, and stipulates that only natural persons can transfer crypto assets overseas through authorized CASPs. Public comments will be accepted until September 30.

11
June
The EU launches MiCA 2.0 revision: equivalence access for non-EU stablecoins and inclusion of tokenized payments within the regulatory framework.
The EU launches MiCA assessment consultation: Global stablecoin equivalence and tokenized deposits enter discussion.

The European Commission launched a consultation on the operational assessment of MiCA on May 20, 2026, with public and targeted feedback due by August 31. The targeted consultation explicitly inquired whether the EU should introduce an equivalent regime for global stablecoins and separately addressed the use cases of tokenized deposits in payments and capital markets. This rework will not incorporate these discussions into existing legislation or market access arrangements.

10
June
EU MiCA Third Deadline Update: BNY Mellon's Belgian subsidiary joins the list, bringing the total number of licensed CASPs to 309.
EU MiCA Third Deadline Update: BNY Mellon's Belgian subsidiary joins the list, bringing the total number of licensed CASPs to 309.

ESMA released its third register update since the MiCA transition period ended, adding 15 CASPs to bring the total number of licensed institutions to 309. BNY Mellon's Belgian subsidiary, BNY SA/NV, was added, joining three German cooperative banks in promoting the entry of traditional financial institutions into the market.

28
June
The number of licensed CASPs under the EU's MiCA (Mixed Accounting and Compliance Authority) has increased to 309: BNY Mellon's Belgian subsidiary has joined the list, indicating that traditional banks are accelerating their entry into the crypto compliance system.
The number of licensed CASPs under the EU's MiCA (Mixed Accounting and Compliance Authority) has increased to 309: BNY Mellon's Belgian subsidiary has joined the list, indicating that traditional banks are accelerating their entry into the crypto compliance system.

ESMA completed its third CASP registry update since the MiCA transition period, adding 15 licensed institutions and bringing the total number of licensed CASPs in the EU to 309. The inclusion of BNY Mellon's Belgian subsidiary, BNY SA/NV, marks the entry of a global custodian banking giant into the MiCA licensing system. Germany and Denmark each added three institutions, leading this round. The long-term operational costs of licensing compliance have sparked industry discussion, with the CEO of Gate Europe warning that the MiCA licensing threshold could squeeze out smaller institutions.

27
June
EU MiCA Transition Period Ends: High Regulatory Barriers Drive Mergers and Acquisitions in the Crypto Industry
EU MiCA Transition Period Ends: High Regulatory Barriers Drive Mergers and Acquisitions in the Crypto Industry

欧盟MiCA过渡期于2026年7月1日正式终止，1,200余家加密服务商中仅约244家获得正式CASP授权，持牌比例不足20%。高监管门槛正在推动欧洲加密行业进入并购整合阶段：传统银行加速通过收购或合作进入加密服务赛道，中小型平台面临被收购或退出的二元选择。Sygnum Europe以列支敦士登CASP牌照切入B2B基础设施市场，已与25+家银行合作。

26
June
The crypto industry merger wave following the full implementation of EU MiCA: Compliance warnings from 244 licensed institutions and 3,000+ exits.
The crypto industry merger wave following the full implementation of EU MiCA: Compliance warnings from 244 licensed institutions and 3,000+ exits.

MiCA will fully take effect on July 1, 2026. Of the 3,000+ crypto companies in Europe, only 244 have obtained CASP authorization, a survival rate of less than 8%. Kraken, Coinbase, and OKX account for 83% of trading volume, gaining a head start; Binance is facing contraction due to withdrawing its applications. Industry predictions indicate a large-scale M&A wave in the second half of the year, with high-quality unlicensed companies becoming acquisition targets for compliance giants. This article analyzes the MiCA licensing landscape, M&A logic, and the catalytic effect of the single passport mechanism on industry consolidation.

26
June
Global Crypto Industry Shutdown Wave in 2026: MiCA Compliance Warning – 99 Projects Exit the Market
Global Crypto Industry Shutdown Wave in 2026: MiCA Compliance Warning – 99 Projects Exit the Market

RootData's 2026 list of defunct crypto projects includes 99 projects that shut down, went bankrupt, or became unusable, an increase of nearly 30 from early July. AscendEX ceased all operations due to failing to obtain a CASP license after the full implementation of MiCA. Even prominent projects like Zapper were not spared. This article analyzes the driving factors behind this wave of project exits from a licensing compliance perspective and its implications for licensed institutions.

26
June
The EU extends Belarus's ban on ownership of crypto assets to all crypto service providers under the MiCA framework.
The EU extends Belarus's ban on ownership of crypto assets to all crypto service providers under the MiCA framework.

The European Council adopted Council Decision (CFSP) 2026/1847, prohibiting Belarusian nationals and residents from owning, controlling, or managing any cryptocurrency service providers under the MiCA (Miscellaneous Cryptocurrency Agency) regulation. This ban covers nine categories, including trading platforms, exchanges, order execution, asset issuance, transfers, investment advisory services, and asset management. The ban took effect on August 25, just three weeks before the end of the MiCA transition period.

24
June
The EU's 21st round of sanctions against Russia targets crypto platforms for the first time: 11 crypto service providers are placed under a trading ban, and the MiCA compliance framework is coupled with new sanctions screening obligations.
The EU's 21st round of sanctions against Russia targets crypto platforms for the first time: 11 crypto service providers are placed under a trading ban, and the MiCA compliance framework is coupled with new sanctions screening obligations.

EU member states reached a political agreement on the 21st round of sanctions against Russia, including for the first time adding 11 third-country crypto platforms to the trading ban and exploring a comprehensive ban on crypto services in specific jurisdictions. 94 Russian financial institutions were sanctioned, and MiCA-licensed CASPs are required to undergo additional compliance obligations, including sanctions screening and on-chain transaction monitoring.

23
June
French AMF MiCA enforcement has been escalated: 38 unauthorized encrypted websites have been blacklisted since the beginning of the year, with unlicensed operations facing fines of up to €1,500 million.
French AMF MiCA enforcement has been escalated: 38 unauthorized encrypted websites have been blacklisted since the beginning of the year, with unlicensed operations facing fines of up to €1,500 million.

法国AMF自2026年初至今已将38家未授权加密网站列入黑名单，最近一批16家于7月8日公布。MiCA框架下None牌运营最高面临1,500万欧元或年营业额12.5%行政罚款，法国更可追加两年有期徒刑。黑白名单双轨制成为投资者保护核心工具。

23
June
Austria's FMA suspends KuCoin MiCA's license operation: A vacancy in a key anti-money laundering position triggers the EU's first "license-is-closed" enforcement action.
Austria's FMA suspends KuCoin MiCA's license operation: A vacancy in a key anti-money laundering position triggers the EU's first "license-is-closed" enforcement action.

KuCoin received MiCA CASP authorization from the Austrian Federal Trade and Investment Authority (FMA) in November 2025, but was subsequently banned from operation by the FMA due to vacancies in key AML and sanctions compliance positions, becoming the first case under the MiCA framework where a license was granted but subsequently banned. This contrasts with Binance's withdrawal of its application, representing two different paths to failure and serving as a warning for licensed institutions regarding the ongoing development of compliance capabilities.

23
June
EU MiCA 2.0 Tokenization Regulatory Extension Consultation: Incorporating Non-EU Stablecoin Issuers and RWA Tokenization into the Licensing Framework
EU MiCA 2.0 Tokenization Regulatory Extension Consultation: Incorporating Non-EU Stablecoin Issuers and RWA Tokenization into the Licensing Framework

欧盟委员会在MiCA全面实施仅8天后启动MiCA 2.0公开咨询，计划将RWA代币化与非欧盟稳定币发行人纳入监管框架，直接回应美国GENIUS Act。咨询期至2026年9月30日，正式立法提案预计最早2028年出台。

23
June
ESMA issued a statement regarding the orderly exit of unauthorized CASPs after the MiCA transition period: immediately cease new customer account openings, transfer customer assets within a specified period, and maintain AML/CFT controls throughout the entire process.
ESMA issued a statement regarding the orderly exit of unauthorized CASPs after the MiCA transition period: immediately cease new customer account openings, transfer customer assets within a specified period, and maintain AML/CFT controls throughout the entire process.

On July 1, 2026, the end of the MiCA transition period, ESMA will issue a public statement requiring unauthorized CASPs to immediately cease opening new accounts, limit services, and complete necessary exit procedures, while maintaining effective AML/CFT controls throughout the process. Non-EU entities are prohibited from indirectly serving EU clients through B2B channels, and ESMA will coordinate with national regulatory authorities to monitor the exit progress of key cross-border CASPs.

23
June
Luxembourg's CSSF awards Ripple a full MiCA CASP license: EMI+CASP dual licenses cover 30 European Economic Area countries.
Luxembourg's CSSF awards Ripple a full MiCA CASP license: EMI+CASP dual licenses cover 30 European Economic Area countries.

On July 6, 2026, the Luxembourg CSSF granted Ripple a full MiCA CASP license, making it a fully compliant entity under the EU MiCA framework. With its EMI+CASP dual license combination and passport mechanism, Ripple now covers all 30 European Economic Area countries. This brings Ripple's global regulatory licenses to over 75, placing it among the few fully authorized digital asset companies in Europe.

23
June
Spain's CNMV officially implemented the MiCA licensing system: 60+ crypto institutions obtained licenses to operate, and DAC8 tax filing was simultaneously implemented.
Spain's CNMV officially implemented the MiCA licensing system: 60+ crypto institutions obtained licenses to operate, and DAC8 tax filing was simultaneously implemented.

On July 1, 2026, the Spanish CNMV officially implemented the MiCA transition period, with over 60 institutions completing CASP registration. Unlicensed institutions were required to implement customer migration plans. The DAC8 Tax Transparency Directive was also implemented simultaneously, requiring CASPs to automatically report user transaction data and granting tax authorities the authority to directly seize crypto assets.

22
June

This page has been updated.

This content has been updated and moved to a new page.
Please click the button below to access the latest version.

Go to new page